Argan, Inc. Hits New 52-Week High of $300.82, Soars 287.98%

Argan, Inc., a small-cap player in the construction industry, has reached a significant milestone by hitting a new 52-week high of USD 300.82 on October 14, 2025. This achievement underscores the company's robust performance, as it has delivered an impressive 287.98% return over the past year, significantly outpacing the S&P 500's 14.44% gain during the same period.
The company's market capitalization stands at USD 2,815 million, reflecting its strong position within the sector. Argan, Inc. boasts a price-to-earnings (P/E) ratio of 33.00, indicating a premium valuation compared to its peers. Additionally, the firm has maintained a low debt-to-equity ratio of -1.45, showcasing its financial stability.

Argan has reported positive results for the last eight consecutive quarters, with a return on equity (ROE) of 29.94% and a cash and equivalents figure reaching USD 1,118.65 million. The stock's performance has been bolstered by a significant reduction in raw material costs, which fell by 38.28% year-over-year. With high institutional holdings at 98.05%, Argan, Inc. continues to demonstrate strong fundamentals and consistent returns over the past three years.