Ameresco (AMRC, Financial) experienced a significant stock movement, with a sharp decline of 5.00%. The share price dropped to $33.16, with a trading volume of 33,037 shares, resulting in a turnover rate of 0.06% and a volatility of 3.50%.
Recent financial reports show that Ameresco posted a revenue of $438 million and a net profit of $4.98 million, equating to an earnings per share of $0.10. The company's gross profit stands at $64.63 million, with a price-to-earnings ratio of 31.02.
Among the 14 financial institutions that rated the stock, 71% recommended a buy, while 29% suggested holding; none advised selling. In the construction industry where Ameresco operates, the overall decline was 0.62%. Within this sector, Manulife Construction, Innovate Corp., and Ies Holdings, Inc. saw significant gains, whereas Skk Holdings Limited, Blink Charging Co. Common Stock, and Willdan Group were notably active.
Ameresco focuses on providing energy efficiency solutions for facilities in North America and Europe. The company specializes in energy-saving projects and works with government, education, utilities, healthcare, and various commercial and industrial entities to manage and reduce operational and maintenance costs. Ameresco also distributes solar products and systems, including photovoltaic panels, solar regulators, solar charging controllers, inverters, solar lighting systems, solar water pumps, and other system components. Its primary business divisions include the U.S. regional department, U.S. federal department, Canada department, alternative fuel department, non-solar DG department, and all other departments, with most revenue originating from the U.S. regional department.
