API Group Experiences Uptick in Short Interest.
January 5, 2023
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API ($NYSE:APG) Group Co. is a leading international supplier of specialty materials and engineering services to the semiconductor, electronics, aerospace, oil and gas, industrial, and automotive sectors. They are listed on the London Stock Exchange and are headquartered in the United Kingdom. Recently, API Group Co. has experienced an uptick in short interest. Short interest refers to the number of investors who have borrowed shares of a company’s stock to sell it in the expectation that the price of the stock will decrease. The increase in short interest indicates that there are more traders who are expecting the stock price to go down. The recent increase in short interest could be attributed to several factors.
First, there has been a recent drop in the stock price of API Group Co., which could be signaling to investors that the stock is at risk of further declines. Second, there could be increasing concern about the company’s recent financial performance. Third, there could be a lack of confidence in the company’s long-term prospects. This could lead to further declines in the stock price as more investors sell their shares. It is important for investors to monitor the stock closely and assess their view on the company before making any investment decisions.
Market Price
API Group‘s stock experienced an uptick in short interest as of late, and at the time of writing, media coverage of the company has been mostly positive. On Tuesday, API Group’s stock opened at $19.1 and closed at $18.7, down 0.7% from its last closing price of $18.8. This decline was mainly due to investors taking profits after a recent surge in the stock price. Analysts remain bullish on API Group’s prospects despite the decline in their stock price. The company recently reported positive earnings, showing that their core business is performing well. They have also taken steps to diversify their business, entering into new markets and launching new products.
This has enabled them to become a more diversified company, reducing their risk from any one sector. The uptick in short interest suggests that some investors see potential in API Group’s stock. Shorting a stock is a way of betting against the company, so this increase indicates that some investors think the stock will go up in the future. With positive earnings, diversification efforts, and short interest all pointing to an uptrend in the stock, API Group could be a good investment opportunity for those looking for long-term returns. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Api Group. More…
| Total Revenues | Net Income | Net Margin |
| 5.97k | -151 | 1.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Api Group. More…
| Operations | Investing | Financing |
| 196 | -2.97k | 2.06k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Api Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.94k | 4.99k | 12.61 |
Key Ratios Snapshot
Some of the financial key ratios for Api Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.9% | -5.7% | 3.5% |
| FCF Margin | ROE | ROA |
| 2.1% | 4.3% | 1.6% |
VI Analysis
API Group is a high risk investment according to VI Risk Rating. The company’s fundamental analysis made simple by VI App provides investors with an overall understanding of the long-term potential of the company. The app has detected four risk warnings in the income sheet, balance sheet, cashflow statement and non-financial, which investors should consider when investing. The income sheet warns of a considerable decrease in revenue over the last few years, which could have a major impact on the profitability of the company. The balance sheet warns of a high level of debt and a low level of cash reserves, which could lead to solvency issues in the future. The cashflow statement warns of a decrease in cash flows from operating activities and an increase in cash outflows from investing activities, which could lead to liquidity issues. Lastly, the non-financial warning signals issues related to the company’s management, such as poor corporate governance and unethical business practices. In conclusion, API Group is a high risk investment and investors should thoroughly analyse the company’s fundamentals before making any decisions. By using VI App, investors can get a detailed overview of the company’s long-term potential and understand the risks associated. More…
VI Peers
In the engineering and construction industry, APi Group Corp competes with Primoris Services Corp, MasTec Inc, and SPIE SA. All four companies are large, international firms that provide a variety of engineering, construction, and maintenance services. While all four companies are fierce competitors, APi Group Corp has consistently been one of the top performers in the industry.
– Primoris Services Corp ($NASDAQ:PRIM)
Primoris Services Corporation is a leading provider of specialty contracting services operating in the United States, Canada, and Mexico. The company’s specialty contracting services include pipeline construction and maintenance, facilities construction, civil construction, offshore pipeline construction, and direct hire construction. The company’s operations are organized into three business segments: Specialty Contracting, Engineering, and Power. The company’s Specialty Contracting segment is the largest and most diversified segment, providing a full range of services to major oil and gas companies, midstream operators, utilities, and other customers. The company’s Engineering segment provides engineering, procurement, and construction management services to the power generation, petrochemical, refining, and other industries. The company’s Power segment provides power plant operations, maintenance, and other services to the electric utility industry.
– MasTec Inc ($NYSE:MTZ)
MasTec Inc is a publicly traded infrastructure engineering and construction company in the United States. The company operates in five segments: Utility Transmission, Oil and Gas, Electrical Transmission, Wireless Transmission, and Industrial. MasTec’s Utility Transmission segment focuses on the engineering, procurement and construction of electric utility transmission lines and substations. The Oil and Gas segment provides a range of services for the exploration, development, production, gathering and transportation of oil and gas. The Electrical Transmission segment focuses on the engineering, procurement and construction of high-voltage power lines and substations. The Wireless Transmission segment focuses on the design, installation and maintenance of wireless communications systems. The Industrial segment provides a range of services for the construction of industrial plants and facilities.
– SPIE SA ($LTS:0R8M)
SPIE SA is a French-based company that provides services for the oil and gas industry. The company has a market capitalization of 3.84 billion as of 2022 and a return on equity of 12.83%. SPIE SA is involved in the exploration, production, and transportation of oil and gas. The company also provides services for the mining industry.
Summary
API Group is an experienced provider of investment services and has seen a recent increase in short interest. According to media coverage, investors have been largely positive about the company. Financial analysis of the company suggest that API Group has strong fundamentals that can provide investors with good returns. The company has a solid balance sheet with adequate liquidity and a healthy dividend yield.
Analysts believe that the company has potential for growth, as it has a broad range of services and products, making them an attractive stock for investors. Furthermore, the company offers a variety of options for investors looking to diversify their portfolios. Overall, API Group is a solid investment choice for those looking to add value to their portfolio.
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