Ecology & Environment (EEI) is an environmental consulting and testing firm. The Company offers a range of environmental consulting services, including environmental audits, impact assessments, surveys, analysis, monitoring, air quality management, pollution control, and environmental infrastructure planning.
The company boasts low debt, high insider ownership and has been successfully growing both earnings and sales despite the difficult economic climate. The stock price has appreciated greatly in the past three months from a 52 week low of $7.30 to its current price of $12.69. With a current P/E of 19, I would expect the stock price to trade sideways in the $11-14 range for the next 6 months before rising to a 12-month price target of about $16.
Disclosure: At the time of writing the author did not hold shares in Ecology & Environmental (EEI).
16 hours ago