Centuri Holdings Inc (NYSE:CTRI) shares, rose in value on Friday, March 28, with the stock price up by 0.42% to the previous day’s close as strong demand from buyers drove the stock to $16.56.
Actively observing the price movement in the last trading, the stock closed the session at $16.49, falling within a range of $16.12 and $16.65. Referring to stock’s 52-week performance, its high was $28.65, and the low was $14.47. On the whole, CTRI has fluctuated by -1.31% over the past month.
With the market capitalization of Centuri Holdings Inc currently standing at about $1.47 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.7B, with a low estimate of 489.9M and a high estimate of 575.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 534.01M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CTRI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of CTRI currently trading nearly 0.82% and -13.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.50, while the 7-day volatility ratio is showing 5.55% which for the 30-day chart, stands at 5.83%. Furthermore, Centuri Holdings Inc (CTRI)’s average true range (ATR) is 0.95.
Data on historical trading for Centuri Holdings Inc (NYSE:CTRI) indicates that the trading volumes over the past 10 days have averaged 0.4 and over the past 3 months, they’ve averaged 392.55K. According to company’s latest data on outstanding shares, there are 88.52 million shares outstanding.
Nearly 83.97% of Centuri Holdings Inc’s shares belong to company insiders and institutional investors own 21.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.29 million shares as on 2025-03-14, resulting in a short ratio of 7.95. According to the data, the short interest in Centuri Holdings Inc (CTRI) stood at 1968.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.28 million. The stock has fallen by -14.24% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CTRI stock heading into the next quarter.
