Argan, Inc. Hits New 52-Week High of $349.22, Surges 348.82%

Argan, Inc., a small-cap player in the construction industry, has reached a significant milestone by hitting a new 52-week high of USD 349.22 on November 11, 2025. This achievement underscores the company's robust performance, as it has demonstrated an impressive 348.82% increase over the past year, significantly outperforming the S&P 500, which recorded a 13.96% gain during the same period.
The company's financial metrics reflect strong fundamentals, with a price-to-earnings (P/E) ratio of 33.00 and a return on equity (ROE) of 29.94%. Argan, Inc. has maintained a low debt-to-equity ratio of -1.45, indicating a solid financial position. Additionally, the company has reported positive results for the last eight consecutive quarters, showcasing its operational strength.

With a market capitalization of USD 2,815 million, Argan, Inc. also boasts a dividend yield of 0.72% and a price-to-book ratio of 7.16. The stock's performance has been bolstered by a significant increase in institutional holdings, which now stand at 98.05%, reflecting confidence in the company's long-term prospects.