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home / news releases / AGX - Argan: Buying Opportunity Could Be Brewing


AGX - Argan: Buying Opportunity Could Be Brewing

From a long-term perspective, shares of Argan, Inc. (AGX) seemed to have either put in an inverse head and shoulder pattern or else a standard double bottom pattern. Argan is a power generation and renewable player in the industrial space. Both are reversal patterns which hold a lot of weight in our eyes considering the time it took for these reversal patterns to play out. We have been watching this stock closely for a number of reasons. It has a strong balance sheet and pays a 2% dividend yield which is easily covered

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Stock Information

Company Name: Argan Inc.
Stock Symbol: AGX
Market: NYSE
Website: arganinc.com

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