Unlocking the Growth Potential of NYSE:NRGX.

In this article we will dive into PIMCO ENRGY & TACT CRDT OPP (NYSE:NRGX) as a possible candidate for growth investing. Investors should always do their own research, but we noticed PIMCO ENRGY & TACT CRDT OPP showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NYSE:NRGX may be interesting for canslim investors.

• The earnings per share (EPS) of PIMCO ENRGY & TACT CRDT OPP have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 112.0% increase. This reflects the company's ability to improve its profitability over time.
• PIMCO ENRGY & TACT CRDT OPP has demonstrated strong q2q revenue growth of 26.79%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• PIMCO ENRGY & TACT CRDT OPP has experienced 51.85% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• In terms of Return on Equity(ROE), PIMCO ENRGY & TACT CRDT OPP is performing well, achieving a 18.88% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• The Relative Strength (RS) of PIMCO ENRGY & TACT CRDT OPP has been consistently solid, with a current 93.32 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. PIMCO ENRGY & TACT CRDT OPP exhibits strong prospects for further price appreciation.
• PIMCO ENRGY & TACT CRDT OPP exhibits a favorable Debt-to-Equity ratio at 0.37. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• The ownership composition of PIMCO ENRGY & TACT CRDT OPP reflects a balanced investor ecosystem, with institutional shareholders owning 42.75%. This indicates a broader market participation and potential for increased trading liquidity.

Technical Analysis Observations

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

We assign a technical rating of 10 out of 10 to NRGX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NRGX is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that NRGX is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by NRGX over the past year are nicely spread over this period.
• NRGX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so NRGX slightly outperforms the market at the moment.
• In the last month NRGX has a been trading in the 17.05 - 19.99 range, which is quite wide. It is currently trading near the high of this range.

Check the latest full technical report of NRGX for a complete technical analysis.

A complete fundamental analysis of NYSE:NRGX

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Overall NRGX gets a fundamental rating of 2 out of 10. We evaluated NRGX against 0 industry peers in the Unkown industry. Both the profitability and financial health of NRGX have multiple concerns. While showing a medium growth rate, NRGX is valued expensive at the moment.

For an up to date full fundamental analysis you can check the fundamental report of NRGX

More growth stocks can be found in our CANSLIM screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.