In February, there was a noticeable rise in the total number of short positions that Limbach Holdings Inc held.
The previous day, 70,800 shares had been shorted, but as of February 28th, 75,600 shares had been shorted.
This represents an increase of 6.8% compared to the previous day’s shorted shares.
In the same instant, considering the typical daily volume of trading, which comes in at 61,700 shares, the short-interest ratio comes in at 1.2 days.
This was determined after taking into consideration the average daily volume of trading.
There are currently short sales on 0.9% of the company’s stock.
When trading started on Thursday, the price of a share of Limbach was $15.87 per share.
The debt-to-equity ratio is 0.23, the quick ratio is 1.42, the current ratio is 1.42, and the quick ratio is 1.42.
The company has a PEG ratio of 1.13, a P/E ratio of 25.60, and a beta value of 1.06.
These ratios measure the profitability of the company.
The current value of the business is determined to be $165.84 million. Over the previous year, the price of Limbach has ranged from its all-time low of $4.90 to its all-time high of $16.55.
The company’s moving averages for the past two hundred days are $10.42, and the moving averages for the last fifty days are $12.94.
Limbach (NASDAQ: LMB) released its company’s most recent quarterly financial report on March 8th, after the close of its fiscal quarter.
A, an a, an a, an a, an a, an a, The company’s sales for the quarter came in at $143.48 million, which is a number that is significantly lower than the industry experts’ prediction of $148.00 million in sales for the company.
Limbach had a return on equity of 12.86%, and the net margin for the company was 1.37%.
Professionals in the relevant field hold the majority opinion that Limbach will report earnings per share of $1.09 in 2018.
In other news, I upgraded EF Hutton Acquisition Co’s recommendation for Limbach shares from “hold” to “buy” and raised their price objective on the company’s stock from $15.00 to $18.00 in a report released on Friday, March 10th.
The report was made public.
In recent times, several prominent investors have made substantial alterations to the LMB holdings that they have in their portfolios.
In the fourth and final quarter of 2018, Jane Street Group LLC opened a new position in Limbach shares.
At the time, these shares had a value of approximately $169,000.
During the final three months of 2018, the fourth quarter, Millennium Management LLC made a financial contribution to Limbach of $305,000.
EAM Investments LLC spent $1,507,000 over the final three months of 2018 to acquire an additional interest in Limbach.
During the last three months of 2018, Renaissance Technologies LLC added 1.5% more Limbach stock to its portfolio, bringing its total ownership percentage to 100%.
After making an additional purchase of 3,500 shares during the period in question, Renaissance Technologies LLC now possesses a total of 240,371 stock held by the construction company.
These shares are currently valued at a combined total of $2,502,000.
And finally, during the year’s final three months, Geode Capital Management LLC added 16.0% more Limbach stock to its portfolio, bringing the total amount of stock it owns to 100%. Geode Capital Management LLC now holds 81,875 shares of the construction company’s stock, with a market value of $852,000.
This is a result of the purchase of an additional 11,272 shares during the most recent fiscal quarter.
Institutional investors and hedge funds hold 36.53 percent of the company’s current shares.
Limbach Holdings, INC is a commercial specialty contractor that offers maintenance services, energy efficiency upgrades, and equipment upgrades, in addition to providing heating, ventilation, air conditioning (HVAC), plumbing, electrical, and building controls for the design and construction of new and renovated buildings.
These services are provided for the design and construction of new and renovated buildings by Limbach Holdings, INC