Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Limbach Holdings Inc before investing.

In this article, we go over a few key elements for understanding Limbach Holdings Inc’s stock price such as:

• Limbach Holdings Inc’s current stock price and volume
• Why Limbach Holdings Inc’s stock price changed recently
• Upgrades and downgrades for LMB from analysts
• LMB’s stock price momentum as measured by its relative strength

About Limbach Holdings Inc (LMB)

Before we jump into Limbach Holdings Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Limbach Holdings, Inc. is an integrated building systems solutions company. The Company partners with the owners and facilities managers who have mission-critical mechanical, electrical, and plumbing infrastructure. The Company operates in two segments: General Contractor Relationships (GCR), and Owner Direct Relationships (ODR). The GCR segment manages new construction or renovation projects that involve primarily mechanical, plumbing, or electrical services awarded to the Company by general contractors or construction managers. Through the ODR segment, the Company performs owner direct construction projects and/or provides maintenance or services primarily on mechanical, plumbing or electrical systems, building controls and specialty contracting projects direct to, or assigned by, building owners or property managers. The Company works with six vertical markets: healthcare, industrial and manufacturing, data centers, life science, higher education and cultural and entertainment.

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Limbach Holdings Inc’s Stock Price as of Market Close

As of September 23, 2024, 4:00 PM, CST, Limbach Holdings Inc’s stock price was $76.31.

Limbach Holdings Inc is down 4.64% from its previous closing price of $80.02.

During the last market session, Limbach Holdings Inc’s stock traded between $77.27 and $80.62. Currently, there are 11.27 million shares of Limbach Holdings Inc stock available for purchase.

Limbach Holdings Inc’s price-earnings (P/E) ratio is currently at 36.8, which is high compared to the Construction & Engineering industry median of 27.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Limbach Holdings Inc Stock Price History

Limbach Holdings Inc’s (LMB) price is currently up 18.07% so far this month.

During the month of September, Limbach Holdings Inc’s stock price has reached a high of $82.21 and a low of $59.59.

Over the last year, Limbach Holdings Inc has hit prices as high as $80.62 and as low as $26.76. Year to date, Limbach Holdings Inc’s stock is up 633.05%.

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What Caused Limbach Holdings Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 20, 2024, there were 0 analysts who downgraded Limbach Holdings Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Limbach Holdings Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Limbach Holdings Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Limbach Holdings Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Limbach Holdings Inc (LMB) by visiting AAII Stock Evaluator.

Relative Price Strength of Limbach Holdings Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 20, 2024, Limbach Holdings Inc has a weighted four-quarter relative price strength of 23.50%, which translates to a Momentum Score of 94 and is considered to be Very Strong.

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Limbach Holdings Inc Stock Price: Bottom Line

As of September 23, 2024, Limbach Holdings Inc’s stock price is $76.31, which is down 4.64% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Limbach Holdings Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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