Is This Stock a Screaming Buy: Ameresco, Inc. (NYSE:AMRC)

Equity Research firms currently have a positive stance on shares of Ameresco, Inc. (NYSE:AMRC). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $7.75 on a short term basis.

At the time of writing, the stock was trading at $5.00. This represents a change from the opening price of -1.57%. In terms of performance, year to date, the stock is -19.36%. The monthly stock performance comes in at -0.59%. For the quarter, shares are performing at 0.60%. Weekly performance analysis shows the equity at 0.40%.

In taking a look at technical levels, shares are trading 1.24% away from the 50 day simple moving average and 1.85% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -29.58% away from it’s 52- week high and 27.88% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Ameresco, Inc.’s RSI stands at 48.26. In looking at volatility levels, the shares saw weekly volatility of 3.48% and 3.35% over the past month.

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