Trade-Ideas LLC identified

NV5 Global

(

NVEE

) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified NV5 Global as such a stock due to the following factors:

  • NVEE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $3.9 million.
  • NVEE has traded 68,455 shares today.
  • NVEE is trading at 12.11 times the normal volume for the stock at this time of day.
  • NVEE is trading at a new high 7.16% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

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More details on NVEE:

NV5 Global, Inc. provides professional and technical engineering, and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate, and environmental markets in the United States. NVEE has a PE ratio of 22. Currently there is 1 analyst that rates NV5 Global a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for NV5 Global has been 85,800 shares per day over the past 30 days. NV5 Global has a market cap of $230.0 million and is part of the services sector and diversified services industry. Shares are up 24% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates NV5 Global as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:

  • NVEE's very impressive revenue growth greatly exceeded the industry average of 9.3%. Since the same quarter one year prior, revenues leaped by 54.0%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • NVEE's debt-to-equity ratio is very low at 0.11 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 2.77, which clearly demonstrates the ability to cover short-term cash needs.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • NV5 GLOBAL INC has improved earnings per share by 38.9% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, NV5 GLOBAL INC increased its bottom line by earning $1.14 versus $0.88 in the prior year. This year, the market expects an improvement in earnings ($1.49 versus $1.14).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Construction & Engineering industry. The net income increased by 89.4% when compared to the same quarter one year prior, rising from $1.09 million to $2.06 million.

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