TM Editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Photo by Scott Graham on Unsplash
 

The Chart of the Day belongs to the building systems company Limbach (LMB). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 1/ 23 the stock gained 26.43%. 

LMB Price vs Daily Moving Averages

Limbach Holdings, Inc. operates as an integrated building systems solutions company in the United States. It operates in two segments, General Contractor Relationships and Owner Direct Relationships. The company engages in the design, prefabrication, installation, management, and maintenance of mechanical, electrical, plumbing, and control systems, as well as heating, ventilation, and air-conditioning (HVAC) system. Its facility services comprise mechanical construction, HVAC service and maintenance, energy audits and retrofits, engineering and design-build, constructability evaluation, equipment and materials selection, offsite/prefabrication construction, and sustainable building solutions and practices. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; sports arenas; cultural and entertainment facilities, and amusement rides and parks; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things. The company was founded in 1901 and is headquartered in Warrendale, Pennsylvania.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
 

Barchart Technical Indicators:

• 100% technical buy signals
• 157.41+Weighted Alpha
• 104.49% gain in the last year
• Trend Seeker buy signal
• Above its 20, 50, and 100-day moving averages
• 11 new highs and up 26.73% in the last month
• Relative Strength Index 73.56%
• Recently traded at $15.93 with a 50-day moving average of $12.69.
   

Fundamental Factors:

• Market Cap $154 million
• P/E 13.85
• Revenue is expected to grow 60% this year and another 5.50% next year
• Earnings are estimated to increase 71.80% this year and an additional 41.80% next year and continue to compound at an annual rate of 12.00% for the next 5 years

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

• Wall Street analysts issued 1 strong buy and 2 buy opinions on the stock
• Their price targets are $18 to $25 with a consensus of $20.33 about 28% above today's close
• Value Line gives it an above-average rating of 2
• CFRAs Market Scope gives a buy recommendation
• 2,600 investors monitor the stock on Seeking Alpha

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