The stock of IES Holdings Inc (NASDAQ:IESC) hit a new 52-week high and has $45.31 target or 141.00% above today’s $18.80 share price. The 8 months bullish chart indicates low risk for the $403.29M company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $45.31 price target is reached, the company will be worth $568.64 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 24,345 shares traded hands. IES Holdings Inc (NASDAQ:IESC) has risen 22.91% since April 19, 2016 and is uptrending. It has outperformed by 19.05% the S&P500.
Analysts await IES Holdings Inc (NASDAQ:IESC) to report earnings on December, 9.
According to Zacks Investment Research, “IES Holdings, Inc. provides electrical contracting and maintenance services. The Company’s operating segment consists of Communications, Residential, Commercial & Industrial and Infrastructure Solutions. Communications segment is engaged in providing technology infrastructure services. Residential segment is a provider of electrical installation services. Commercial & Industrial segment is engaged in providing electrical design, construction and maintenance services. Infrastructure Solutions segment is engaged in providing electrical and mechanical solutions. It also provides data communication services which include the installation of wiring for computer networks and fiber optic telecommunications systems. IES Holdings, Inc., formerly known as Integrated Electrical Services, Inc., is headquartered in Houston, Texas.”
More notable recent IES Holdings Inc (NASDAQ:IESC) news were published by: Globenewswire.com which released: “Integrated Electrical Services Renamed IES Holdings, Inc.” on May 24, 2016, also Globenewswire.com with their article: “IES Holdings Announces Agreement to Acquire Technibus, Inc.” published on June 02, 2016, Globenewswire.com published: “IES Holdings Completes Acquisition of Technibus, Inc.” on June 15, 2016. More interesting news about IES Holdings Inc (NASDAQ:IESC) were released by: Globenewswire.com and their article: “IES Holdings Announces Management Appointments” published on June 06, 2016 as well as Globenewswire.com‘s news article titled: “IES Holdings Reports Fiscal 2016 Third Quarter Results” with publication date: August 08, 2016.
IESC Company Profile
IES Holdings, Inc., formerly Integrated Electrical Services, Inc., incorporated on June 26, 1997, is a holding firm that owns and manages subsidiaries operating across a range of end markets. The Firm operates through four divisions, which include Communications, Residential, Commercial & Industrial, and Infrastructure Solutions.
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