Argan, Inc. Hits Day High with 10.92% Surge in Strong Intraday Performance

Argan, Inc., a small-cap player in the construction industry, has experienced a significant surge in its stock price, gaining 10.92% on November 24, 2025. The stock reached an intraday high of USD 382.67, reflecting strong market activity. Over the past month, Argan has shown impressive performance, with a 25.43% increase, significantly outperforming the S&P 500, which declined by 1.97% during the same period.
The company's robust financial metrics highlight its strong position in the market. Argan has maintained a low debt-to-equity ratio, indicating financial stability, and has reported positive results for the last eight consecutive quarters. Notably, the company achieved a return on capital employed (ROCE) of 33.43% and a return on equity (ROE) of 27.69%. Additionally, cash and equivalents reached a high of USD 1,118.65 million.

With high institutional holdings at 98.05%, Argan's stock has consistently delivered returns, outperforming the S&P 500 over the last three years. The company's strong fundamentals and impressive growth metrics underscore its solid market position.