The stock of Goldfield Corp (NYSEMKT:GV) is a huge mover today! The stock increased 11.29% or $0.35 on November 23, hitting $3.45. About 785,507 shares traded hands or 548.94% up from the average. Goldfield Corp (NYSEMKT:GV) has risen 76.92% since April 22, 2016 and is uptrending. It has outperformed by 71.51% the S&P500.
The move comes after 8 months positive chart setup for the $89.25M company. It was reported on Nov, 24 by Barchart.com. We have $3.76 PT which if reached, will make NYSEMKT:GV worth $8.03 million more.
According to Zacks Investment Research, “The Goldfield Corporation is a leading provider of electrical construction and maintenance services in the energy infrastructure industry in the southeastern United States. The company specializes in installing and maintaining electrical transmission lines for a wide range of electric utilities. Goldfield is also involved in the development of high-end condominium projects on Florida’s east coast.”
Insitutional Activity: The institutional sentiment increased to 2.4 in 2016 Q2. Its up 0.18, from 2.22 in 2016Q1. The ratio increased, as 2 funds sold all Goldfield Corp shares owned while 7 reduced positions. 15 funds bought stakes while 5 increased positions. They now own 3.02 million shares or 52.16% more from 1.98 million shares in 2016Q1.
Comml Bank Of America Corporation De last reported 0% of its portfolio in the stock. Grt Cap Partners Ltd has 46,221 shares for 0.04% of their US portfolio. Jpmorgan Chase And reported 22,355 shares or 0% of all its holdings. Morgan Stanley holds 0% of its portfolio in Goldfield Corp (NYSEMKT:GV) for 3,495 shares. Tower Cap Limited Liability Co (Trc), a New York-based fund reported 63 shares. Spark Mngmt Lc last reported 40,800 shares in the company. Wells Fargo And Mn holds 950 shares or 0% of its portfolio. Moreover, Retail Bank Of Mellon has 0% invested in Goldfield Corp (NYSEMKT:GV) for 12,737 shares. Nationwide Fund Advsr owns 3,969 shares or 0% of their US portfolio. The New York-based Art Advsr Ltd Limited Liability Company has invested 0% in Goldfield Corp (NYSEMKT:GV). State Street Corporation has 0% invested in the company for 12,600 shares. Walleye Trading Ltd accumulated 0% or 2,800 shares. Dimensional Fund Limited Partnership has 0% invested in the company for 408,301 shares. Northern Trust Corporation has 75,560 shares for 0% of their US portfolio. Moreover, Geode Management Ltd has 0% invested in Goldfield Corp (NYSEMKT:GV) for 119,713 shares.
Another recent and important Goldfield Corp (NYSEMKT:GV) news was published by Seekingalpha.com which published an article titled: “The Goldfield Corporation Deserves Your Undivided Attention” on August 31, 2016.
GV Company Profile
The Goldfield Corporation (Goldfield), incorporated on April 25, 1968, is engaged in the construction of electrical infrastructure for the utility industry and industrial customers. The Firm serves clients in the Southeast and mid-Atlantic regions of the United States, including Texas. It operates through electrical construction segment.
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