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Dycom Industries Inc. (NYSE:DY) received supplier diversity award

Boston, MA 05/23/2013 (wallstreetpr) – The share prices of Dycom Industries Inc. (NYSE:DY) increased by 8.57 percent to close at $22.16 percent for the close of the trading session. The share prices traded in the range of $21.86 to $23.65 per share, thereby adjusting the 52 week price of the company to new level and the 52 week low price level of the company remains at $13.04 per share.

Supplier Diversity Award

Dycom Industries Inc. (NYSE:DY) had recently received the Verizon Communications Inc. award for supplier diversity, 2012. This award was given to the company in recognition of its continued efforts to incorporate women and minority group suppliers into its operations. Dycom Industries Inc. (NYSE:DY) is a leading provider of specialty contract services and the company has a long history of Verizon Communications Inc. The contract services provided by the company include engineering, construction, maintenance and installation services to telecommunication providers, underground facility locating services and other construction and maintenance services to electric and gas utilities.

Dycom Industries Inc. (NYSE:DY) provides such contracting services relating to construction and maintenance in the areas of United States and Canada. The Supplier Diversity Award received by the company proves to be a valuable recognition of its efforts to include specialized minority and women suppliers into the Dycom’s supply chain. The company has an average trading volume of 137,718 shares per day and the total outstanding shares of the company are 32.99 million. Dycom Industries Inc. (NYSE:DY) holds an institutional ownership of 82 percent of its holdings.

Published by Alan Masterson

Alan has over 25 years of trading experience in the U.S. equity markets. He began his career in finance working on a program trading desk specializing in over-the-counter stocks. His career progressed from that point to his current position as senior trader on an institutional trading desk. In the evenings, Alan teaches economics at a local community college. He has contributed articles to various publications over the last six years, including feature articles for an economics magazine and various financial blogs. You may contact Alan via his email ([email protected]) or his Google+ page (https://plus.google.com/103338576216002376250).

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