Montrose Environmental Grp Stock Price on February 27, 2024

MEG Stock  USD 17.58  0.32  1.79%   
Below is the normalized historical share price chart for Montrose Environmental Grp extending back to July 23, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Montrose Environmental stands at 17.58, as last reported on the 25th of February, with the highest price reaching 17.58 and the lowest price hitting 17.58 during the day.
IPO Date
7th of November 1994
200 Day MA
29.4125
50 Day MA
19.5114
Beta
1.714
 
Covid
If you're considering investing in Montrose Stock, it is important to understand the factors that can impact its price. At this point, Montrose Environmental is not too volatile. Montrose Environmental has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Montrose Environmental, which you can use to evaluate the volatility of the firm. Please verify Montrose Environmental's Risk Adjusted Performance of 0.0103, downside deviation of 4.46, and Mean Deviation of 3.47 to check out if the risk estimate we provide is consistent with the expected return of 5.0E-4%.
  
At this time, Montrose Environmental's Liabilities And Stockholders Equity is most likely to decrease significantly in the upcoming years. The Montrose Environmental's current Stock Based Compensation is estimated to increase to about 57.1 M, while Other Stockholder Equity is projected to decrease to roughly 330.2 M. . At this time, Montrose Environmental's Price To Free Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Montrose Environmental's current Price To Book Ratio is estimated to increase to 3.83, while Price Earnings To Growth Ratio is projected to decrease to (0.81). Montrose Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 1.0E-4

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Estimated Market Risk

 3.97
  actual daily
35
65% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Montrose Environmental is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Montrose Environmental by adding Montrose Environmental to a well-diversified portfolio.
Price Book
1.3546
Enterprise Value Ebitda
23.0388
Price Sales
0.9122
Shares Float
31.9 M
Wall Street Target Price
34.6667

Related Headline

Clean Harbors Headline on 27th of February 2024

Filed transaction by Clean Harbors Director, Officer: Exec Chair, Cto.. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Montrose Environmental Valuation on February 27, 2024

It is possible to determine the worth of Montrose Environmental on a given historical date. On February 27, 2024 Montrose was worth 32.83 at the beginning of the trading date compared to the closed value of 33.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Montrose Environmental stock. Still, in general, we apply an absolute valuation method to find Montrose Environmental's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Montrose Environmental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Montrose Environmental's related companies.
 Open High Low Close Volume
  32.09    33.18    31.78    32.44    91,202  
02/27/2024
  32.83    33.33    32.73    33.05    121,282  
  32.54    33.46    32.54    33.01    126,639  
Backtest Montrose Environmental  |  Montrose Environmental History  |  Montrose Environmental Valuation PreviousNext  
Open Value
32.83
33.05
Closing Value
44.74
Upside

Montrose Environmental Trading Date Momentum on February 27, 2024

On February 28 2024 Montrose Environmental Grp was traded for  33.01  at the closing time. Highest Montrose Environmental's price during the trading hours was 33.46  and the lowest price during the day was  32.54 . The net volume was 126.6 K. The overall trading history on the 28th of February contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.12% . The trading delta at closing time to current price is 14.13% .
JavaScript chart by amCharts 3.21.1502/27/2024Feb 20Feb 22Feb 24Feb 26Feb 28MarMar 03Mar 05Mar 0734363840

Montrose Environmental Fundamentals Correlations and Trends

By evaluating Montrose Environmental's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Montrose Environmental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Montrose financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Montrose Environmental Stock history

Montrose Environmental investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Montrose is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Montrose Environmental will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Montrose Environmental stock prices may prove useful in developing a viable investing in Montrose Environmental
Last ReportedProjected for Next Year
Common Stock Shares Outstanding34.6 M28.8 M
Net Loss-43.4 M-45.6 M

Montrose Environmental Stock Technical Analysis

Montrose Environmental technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Montrose Environmental technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Montrose Environmental trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Montrose Environmental Period Price Range

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February 25, 2025
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Montrose Environmental February 25, 2025 Market Strength

Market strength indicators help investors to evaluate how Montrose Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Montrose Environmental shares will generate the highest return on investment. By undertsting and applying Montrose Environmental stock market strength indicators, traders can identify Montrose Environmental Grp entry and exit signals to maximize returns

Montrose Environmental Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Montrose Environmental's price direction in advance. Along with the technical and fundamental analysis of Montrose Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Montrose to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Montrose Stock analysis

When running Montrose Environmental's price analysis, check to measure Montrose Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Montrose Environmental is operating at the current time. Most of Montrose Environmental's value examination focuses on studying past and present price action to predict the probability of Montrose Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montrose Environmental's price. Additionally, you may evaluate how the addition of Montrose Environmental to your portfolios can decrease your overall portfolio volatility.
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