Why Montrose Environmental Group Stock Surged 13% Higher This Week [Yahoo! Finance]
Montrose Environmental Group, Inc. (MEG)
US:NYSE Investor Relations:
nexstar.tv/wp-content/uploads/2016/09/nxst-investor-presentation-september-2016-1.pdf
Company Research
Source: Yahoo! Finance
Shares of the company rose by almost 13% during the period, according to data compiled by S&P Global Market Intelligence . A new acquisition, raised guidance, and an analyst price target raise were the catalysts behind that rise. New asset bought and guidance hiked On Tuesday, Montrose divulged that it is the new owner of the formerly private Engineering & Technical Associates, which specializes in process safety management (PSM is the storing, handling, and transport of hazardous materials). The company is being absorbed into Montrose's assessment, permitting, and response business unit. The buyer did not disclose the price it paid for its new asset. Montrose did quote company co-founders Dan and Lisa Wilczynski as saying that they " knew that our cultures, client philosophies and focus on superior outcomes were fully aligned. As part of a larger team, we can learn from each other, grow faster and create an industry-leading PSM offering. With the company in its pocket, Mont
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MEG
News
- With 80% ownership, Montrose Environmental Group, Inc. (NYSE:MEG) boasts of strong institutional backing [Yahoo! Finance]Yahoo! Finance
- Montrose Environmental Group Announces Timing of First Quarter 2024 ResultsBusiness Wire
- Strength Seen in Montrose Environmental (MEG): Can Its 12.8% Jump Turn into More Strength? [Yahoo! Finance]Yahoo! Finance
- Why Montrose Environmental Stock Eroded This Week [Yahoo! Finance]Yahoo! Finance
- Montrose Environmental Group Announces Pricing of Public Offering of SharesBusiness Wire
MEG
Earnings
- 2/29/24 - Miss
MEG
Sec Filings
- 4/22/24 - Form DEFA14A
- 4/19/24 - Form 8-K
- 4/19/24 - Form 424B5
- MEG's page on the SEC website