In the past few sessions the Dycom Industries, Inc. 's share has suffered from a sharp fall and now is coming back on important level of support
From a fundamental viewpoint, the security is weak valued with price earnings ratio of 16.8x for this year, and for next year is estimated to 14x. Besides, analysts polled by Thomson-Reuters has regularly upgraded the EPS revisions.
Technically, for several weeks Dycom Industries' share fell heavily. While moving averages are still in a downward trend but indicators could encouraging a renewed interest for the share.
For a trading strategy, we could take advantage from proximity and relevant support for a buying position. A stop loss should be fixed at USD 18.7
Dycom Industries, Inc. is a provider of specialty contracting services. The Company supplies telecommunications providers with a portfolio of services, such as program management, planning, engineering and design, aerial, wireless construction, maintenance, and fulfillment services. It provides underground facility locating services for utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also supplies the expertise, labor, equipment, and tools necessary to provide services to its customers. It provides engineering services to telecommunications providers, such as planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems that extend from the telephone company hub location, or cable operator headend, to a consumers' home or businesses. It provides construction and installation services, including the placement and splicing of fiber, copper, and coaxial cables.
DYCOM INDUSTRIES, INC. 
