Could North American Construction Group Ltd. (NOA) See a Reversal After This Very Weak Session?

North American Construction Group Ltd. (NYSE:NOA) Logo

The stock of North American Construction Group Ltd. (NYSE:NOA) is a huge mover today! The stock decreased 4.49% or $0.57 during the last trading session, reaching $12.13. About 108,731 shares traded. North American Construction Group Ltd. (NYSE:NOA) has risen 90.84% since September 13, 2018 and is uptrending. It has outperformed by 90.84% the S&P500.
The move comes after 8 months negative chart setup for the $302.03 million company. It was reported on Sep, 13 by Barchart.com. We have $11.77 PT which if reached, will make NYSE:NOA worth $9.06 million less.

Analysts await North American Construction Group Ltd. (NYSE:NOA) to report earnings on October, 29. They expect $0.31 EPS, up 675.00 % or $0.27 from last year’s $0.04 per share. NOA’s profit will be $7.72M for 9.78 P/E if the $0.31 EPS becomes a reality.

More notable recent North American Construction Group Ltd. (NYSE:NOA) news were published by: Globenewswire.com which released: “North American Construction Group Ltd. Announces $55 Million Bought Deal Offering of 5.00% Convertible Unsecured Subordinated Debentures – GlobeNewswire” on February 28, 2019, also Globenewswire.com with their article: “North American Construction Group Ltd. Announces Completion of $55 Million Offering of 5.00% Convertible Unsecured Subordinated Debentures – GlobeNewswire” published on March 20, 2019, Globenewswire.com published: “North American Construction Group Ltd. Year End and Fourth Quarter Results Conference Call and Webcast Notification – GlobeNewswire” on January 31, 2019. More interesting news about North American Construction Group Ltd. (NYSE:NOA) were released by: Seekingalpha.com and their article: “North American Energy Partners: Expect The Stock To Stay Strong – Seeking Alpha” published on June 25, 2019 as well as Seekingalpha.com‘s news article titled: “North American Construction Group Ltd. (NOA) CEO Martin Ferron on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 03, 2019.

North American Energy Partners Inc., through its subsidiaries, provides a range of mining and heavy construction services to clients in the resource development and industrial construction sectors primarily in Western Canada. The company has market cap of $302.03 million. The firm offers construction and activities support services through various stages of an oil sands project's lifecycle. It has a 86.03 P/E ratio. The Company’s services include site clearing and access road construction; site development and underground utility installation; construction and relocation of mine site infrastructure; stripping, muskeg removal, and overburden removal; heavy equipment and labor supply; material hauling; and mine reclamation, and tailings pond construction and maintenance.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.