Granite Contruction Closes at All-Time High - Friday, August 30, 2024
Hit New High While Making Steady Progress - Wednesday, July 31, 2024
Granite Testing Support at 50-Day Moving Average - Tuesday, July 2, 2024
Granite Construction Found Support at 10-Week Moving Average - Tuesday, June 11, 2024
There are 4 more featured stock write-ups on since to 6/21/2024
Granite Construction Found Support at 10-Week Moving Average - Tuesday, June 11, 2024
Granite Construction (GVA +$0.36 or +0.61% to $59.85) was highlighted in yellow in the earlier mid-day report. It was noted that a vaild secondary buy point exists up to +5% above the recent high after finding support at its 10 WMA line following a prior breakout.
Granite Construction has a 93 Earnings Per Share Rating. It reported solid earnings increases backed by accelerarting sales revenues growth in the Jun, Sep, Dec '23, and Mar '24 quarters versus the year ago periods. Annual earnings growth has been strong and steady.
It hails from the Bldg-Heavy Construction group which is currently ranked 10th on the 197 Industry Groups list (L criteria). The number of top-rated funds owning its shares rose from 401 in Jun '23 to 414 in Mar '24.
