$AGX found support đ§±
Came back into its Jan-Feb base, 343-400, the zone it broke out of on the run to 805. Held at 354.78 and is back over 400 today.
They build power plants, mostly natural gas, the kind keeping AI data centers running. Backlog includes 4 US gas plants, about 4.1 GW, mostly in Texas.
â Revenue up 61.5% last quarter, EPS up 50%
â $1B+ cash, zero debt
â Dividend just raised 40%
â Backlog $2.5B, up 29% YoY
â ïž Backlog is down from its $2.9B peak with no major new award this year, and margins slipped from 25% to 19% over three quarters, strong in Power, softer in Industrial.
A close over $400 keeps the support in play. First resistance $444.53, then $500.
Not a financial advice
#stocks
Came back into its Jan-Feb base, 343-400, the zone it broke out of on the run to 805. Held at 354.78 and is back over 400 today.
They build power plants, mostly natural gas, the kind keeping AI data centers running. Backlog includes 4 US gas plants, about 4.1 GW, mostly in Texas.
â Revenue up 61.5% last quarter, EPS up 50%
â $1B+ cash, zero debt
â Dividend just raised 40%
â Backlog $2.5B, up 29% YoY
â ïž Backlog is down from its $2.9B peak with no major new award this year, and margins slipped from 25% to 19% over three quarters, strong in Power, softer in Industrial.
A close over $400 keeps the support in play. First resistance $444.53, then $500.
Not a financial advice
#stocks