Shares of Montrose Environmental Group Inc. (NYSE:MEG) traded at a new 52-week high today of $48.82. Approximately 90,000 shares have changed hands today, as compared to an average 30-day volume of 203,000 shares.
Montrose Environmental Group Inc is an environmental services company. The firm’s operating segments are Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Through its Assessment, Permitting, and Response segment, the company provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits. Measurement and Analysis include test and analysis of air, water, and soil to determine concentrations of contaminants whereas, the Remediation and Reuse segment provide clients with engineering, design, implementation, operations and maintenance services, to treat contaminated water, remove contaminants from soil or create biogas from food or agricultural waste.
Based on a current price of $47.71, Montrose Environmental Group Inc. is currently 64.6% above its average consensus analyst price target of $16.89.
In the past 52 weeks, Montrose Environmental Group Inc. share prices are bracketed by a low of $16.41 and a high of $48.82 and is now at $47.71, 191% above that low price.
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