Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate NV5 Global Inc before investing.

In this article, we go over a few key elements for understanding NV5 Global Inc’s stock price such as:

• NV5 Global Inc’s current stock price and volume
• Why NV5 Global Inc’s stock price changed recently
• Upgrades and downgrades for NVEE from analysts
• NVEE’s stock price momentum as measured by its relative strength

About NV5 Global Inc (NVEE)

Before we jump into NV5 Global Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

NV5 Global, Inc. provides technology, conformity assessment, consulting solutions, and software applications to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions. The company offers site selection and planning, design, water resources, structural engineering, land development, surveying, power delivery, building code compliance, and other services. It is also involved in the construction of highways, bridges and tunnels; development of rail and light rail systems; provision of services related to street and roadway construction; and construction materials testing and engineering, geotechnical engineering and consulting, and forensic consulting services. In addition, the company provides governmental outsourcing and consulting, and technical outsourcing services; and geospatial data analytic and mapping services, as well as remote sensing services. Further, it offers mechanical, electrical, and plumbing design; commissioning; energy performance, management, and optimization; climate change and reducing CO2 emissions; building program management; acoustical design consulting; and audiovisual–security and surveillance–information technology–data center services. Additionally, the company provides various services, such as investigating and analyzing environmental conditions, and recommending corrective measures and procedures; occupational health and safety services; radiation exposure and protection, and nuclear safety and industrial hygiene analyses services; hydrogeological modeling and environmental programs. The company was formerly known as NV5 Holdings, Inc. and changed its name to NV5 Global, Inc. in December 2015. NV5 Global, Inc. was founded in 1949 and is headquartered in Hollywood, Florida.

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NV5 Global Inc’s Stock Price as of Market Close

As of October 11, 2024, 4:00 PM, CST, NV5 Global Inc’s stock price was $23.08.

NV5 Global Inc is down 74.69% from its previous closing price of $91.18.

During the last market session, NV5 Global Inc’s stock traded between $91.14 and $93.12. Currently, there are 61.45 million shares of NV5 Global Inc stock available for purchase.

NV5 Global Inc’s price-earnings (P/E) ratio is currently at 45.2, which is high compared to the Professional Services industry median of 28.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

NV5 Global Inc Stock Price History

NV5 Global Inc’s (NVEE) price is currently down 1.24% so far this month.

During the month of October, NV5 Global Inc’s stock price has reached a high of $94.03 and a low of $22.65.

Over the last year, NV5 Global Inc has hit prices as high as $28.75 and as low as $21.76. Year to date, NV5 Global Inc’s stock is down 30.23%.

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What Caused NV5 Global 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?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of October 10, 2024,, no analysts have changed their rating of NV5 Global Inc’s stock over the last month.

Additionally, you’ll want to evaluate NV5 Global 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 NV5 Global Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

NV5 Global Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be 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 NV5 Global Inc (NVEE) by visiting AAII Stock Evaluator.
 

Relative Price Strength of NV5 Global 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 October 10, 2024, NV5 Global Inc has a weighted four-quarter relative price strength of -9.84%, which translates to a Momentum Score of 26 and is considered to be Weak.

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NV5 Global Inc Stock Price: Bottom Line

As of October 11, 2024, NV5 Global Inc’s stock price is $23.08, which is down 74.69% 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 NV5 Global Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company’s overall health.

Subscribing to AAII’s A+ Investor provides access to comprehensive analytics and insights for confident investing.