Centuri Holdings, Inc. (NYSE:CTRI - Get Free Report)'s share price rose 6.4% on Friday . The company traded as high as $22.89 and last traded at $23.07. Approximately 41,013 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 219,861 shares. The stock had previously closed at $21.69.
Analyst Upgrades and Downgrades
CTRI has been the subject of a number of analyst reports. Robert W. Baird boosted their price objective on shares of Centuri from $19.00 to $21.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. boosted their price objective on shares of Centuri from $16.00 to $17.00 and gave the stock an "underweight" rating in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $18.40.
Check Out Our Latest Report on Centuri
Centuri Stock Performance
The stock's 50-day moving average is $20.68 and its 200-day moving average is $18.68. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.64 and a current ratio of 1.64.
Hedge Funds Weigh In On Centuri
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. R Squared Ltd bought a new position in Centuri during the fourth quarter worth $26,000. BNP Paribas Financial Markets increased its holdings in Centuri by 39.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,827 shares of the company's stock valued at $110,000 after buying an additional 1,927 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Centuri by 3.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 111,364 shares of the company's stock valued at $1,799,000 after buying an additional 3,818 shares during the period. MetLife Investment Management LLC increased its holdings in Centuri by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 8,243 shares of the company's stock valued at $133,000 after buying an additional 4,645 shares during the period. Finally, Centiva Capital LP bought a new stake in Centuri in the 3rd quarter valued at $162,000.
Centuri Company Profile
(
Get Free Report)
Centuri Holdings, Inc operates as a utility infrastructure services company in North America. It offers gas utility services, including maintenance, repair, installation, and replacement services for natural gas local distribution utility companies with focus on the modernization of infrastructure. The company also provides electric utility services comprising design, maintenance and repair, upgrade, and expansion services for transmission and distribution infrastructure.
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