Company shares are trading at $58.10 which is just a bit higher than $53.95, the stock’s 50 day moving average and quite a bit above the 200 day moving average of $44.31. The 50 day moving average was up by +7.69% whereas the 200 day average was up by +31.13%. Trading volume for NV5 Global, Inc. was 72K in the last trading session. Shares saw a steep increase in trading volume of 38.76% over the normal average daily volume.
Short traders are feeling a little more bullish of late if you take note of the change in short interest. The firm experienced a fall in short interest of -12.05% between September 29, 2017 and October 13, 2017. Short interest decreased 57,053 over that timeframe. With short interest at 416,577 and short average daily volume at 55,022, the short-interest ratio is 8.0 and the short interest percentage is 0.04% as of October 13.
A few notable investment firms have updated their holdings. Trust Co Of Vermont added to its position by buying 100 shares an increase of 71.4% in the quarter. Trust Co Of Vermont now controls 240 shares worth $13,000. The value of the position overall is up by 116.7%. As of quarter end Victory Capital Management Inc had acquired 3,088 shares growing its holdings by 536.1%. The value of the company’s investment in NV5 Global, Inc. increased from $24,000 to $200,000 increasing 733.3% quarter to quarter.
As of the end of the quarter First Trust Advisors Lp had sold a total of 15,680 shares trimming its stake by 32.3%. The value of the total investment in NV5 Global, Inc. went from $2,062,000 to $1,795,000 a change of $267,000 for the reporting period. Simplex Trading, LLC grew its ownership by buying 3,809 shares an increase of 1,994.2%. Simplex Trading, LLC controls 4,000 shares valued at $218,000. The total value of its holdings increased 2,625.0%.
The company’s P/E ratio is 46.37 and market cap is 590.94M. In the last earnings report the EPS was $1.25 and is projected to be $2.29 for the current year with 10,171,000 shares outstanding. Next quarter’s EPS is expected be $0.63 and the next full year EPS is projected to be $2.80.
NV5 Global, Inc., formerly NV5 Holdings, Inc., launched on September 12, 2011, is a holding company. The Company is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. It primarily focuses on five business verticals: construction quality assurance, infrastructure, energy, program management, and environmental solutions. The Business’s operations are organized into three segments: infrastructure, engineering and support services (INF), construction quality assurance (CQA) and program management services (PM). The INF segment provides to clients an array of services in the area of engineering, design and support services, including energy services. The CQA segment provides construction inspection; geotechnical and engineering services; construction claims and litigation services, and environmental quality testing services. The PM segment provides program management for transportation and vertical construction projects, including construction management. As of April 17, 2017, the Company operated through a network of 75 offices in 26 states in the United States and internationally in Macau, Shanghai, Hong Kong and Vietnam..