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VIVOPOWER'S TEMBO SECURES FULL ON ROAD HOMOLOGATION FOR ITS TEMBO TUSKER 100% ELECTRIC VEHICLES IN US$10 bn AUSTRALASIAN PICK UP TRUCK MARKET
GlobeNewswire News Room· 2024-11-18 12:50
Tembo Tusker is only the 2nd full electric utility vehicle pick up truck to receive full on road homologation VTA regulatory approval in Australia Tuskers can now be driven on road and off road in all states and territories across Australia VTA regulatory approval provides platform for Tembo to accelerate sales and deliveries of Tuskers to customers across all of Australia LONDON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Tembo E-LV B.V. ("Tembo"), a subsidiary of Nasdaqlisted B Corporation, VivoPower International ...
Strength Seen in Construction Partners (ROAD): Can Its 13.4% Jump Turn into More Strength?
ZACKS· 2024-10-22 18:10
Construction Partners, Inc. (ROAD) shares rallied 13.4% in the last trading session to close at $84.70. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3% gain over the past four weeks.The upside can be attributed to the company’s announcement to acquire Asphalt Inc., LLC. ROAD recently entered a deal to acquire Asphalt Inc., LLC doing business as Lone Star Paving, a vertically integrated asphalt manufacturin ...
ROAD Stock Gains on Lone Star Paving Acquisition Agreement
ZACKS· 2024-10-22 14:20
Construction Partners, Inc. (ROAD) or CPI, entered into a definitive agreement to acquire Asphalt Inc., LLC, doing business as Lone Star Paving. Based in Austin, TX, Lone Star focuses on asphalt manufacturing and paving. The company operates in high-growth markets with 10 hot-mix asphalt plants, four aggregate facilities and one liquid asphalt terminal across central Texas.This acquisition is expected to enhance Construction Partners' earnings and contribute $530 million in revenues and $120 million in Adju ...
Construction Partners (ROAD) Is Up 11.43% in One Week: What You Should Know
ZACKS· 2024-09-25 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...
Construction Partners, Inc. (ROAD) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-09-17 14:20
Shares of Construction Partners (ROAD) have been strong performers lately, with the stock up 9.1% over the past month. The stock hit a new 52-week high of $67.21 in the previous session. Construction Partners has gained 54.4% since the start of the year compared to the 20.2% move for the Zacks Construction sector and the 16.5% return for the Zacks Building Products - Miscellaneous industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed ou ...
SILVER ONE COMMENCES ROAD AND PAD CONSTRUCTION IN PREPARATION FOR DRILLING AT ITS HIGH-GRADE PHOENIX SILVER PROJECT, ARIZONA
Prnewswire· 2024-09-17 06:56
Forest Service fire restrictions have been lifted in the project area and road construction has started in preparation for drilling by the first week of October. The main drill target is the 417 Target Area which includes the potential source of very high-grade silver vein fragments located around the 417 pound (189 kg) vein fragment found in the central part of the property (see Figures 1, 2 and 3). This vein fragment was not assayed, as it is a collectors' specimen, but specific gravity tests indicate a v ...
ROAD Gains 41% YTD: Is it Time to Include the Stock in Your Portfolio?
ZACKS· 2024-09-12 16:07
Shares of Construction Partners, Inc. (ROAD) have gained 40.9% in the year-to-date period, outperforming the Building Products - Miscellaneous industry's 10.1% growth, the Zacks Construction sector's 13.9% increase and the S&P 500 Index's 15% rise. Image Source: Zacks Investment Research ROAD is benefiting from solid demand trends for private and public work across more than 70 local markets in the six southeast states it operates. Furthermore, accretive acquisitions, project pipelines and the ROAD-Map 2027 ...
ROAD Expands Alabama Presence With John G. Walton Acquisition
ZACKS· 2024-09-11 17:31
Construction Partners, Inc. (ROAD) or CPI, acquired John G. Walton Construction Company, Inc., based in Mobile, AL. The acquisition includes a hot-mix asphalt plant, along with crews and equipment, serving the greater Mobile and southwestern Alabama area. The strategic acquisition, which includes a hot-mix asphalt plant with access to water and rail, strengthens ROAD's position in the growing Mobile metro area. With this addition, the company now operates in Alabama's four largest markets and continues to p ...
Are Construction Stocks Lagging Construction Partners (ROAD) This Year?
ZACKS· 2024-09-10 14:46
Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Is Construction Partners (ROAD) one of those stocks right now? By taking a look at the stock's yearto-date performance in comparison to its Construction peers, we might be able to answer that question. Construction Partners is a member of the Construction sector. This group includes 91 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank considers 16 diff ...
3 Reasons Why Growth Investors Shouldn't Overlook Construction Partners (ROAD)
ZACKS· 2024-08-30 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with th ...