Shares of Harsco Corp. (NYSE:HSC) shot up 9.9% during trading on Thursday . The company traded as high as $9.12 and last traded at $8.85, with a volume of 1,978,420 shares traded. The stock had previously closed at $8.05.

Separately, Zacks Investment Research upgraded Harsco Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th.

The stock’s 50 day moving average is $6.95 and its 200 day moving average is $6.30. The stock’s market cap is $788.96 million.

Harsco Corp. (NYSE:HSC) last posted its quarterly earnings results on Wednesday, May 4th. The company reported $0.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.08. The firm had revenue of $353 million for the quarter, compared to analysts’ expectations of $347.50 million. During the same quarter in the previous year, the firm posted $0.20 EPS. The firm’s revenue for the quarter was down 21.9% compared to the same quarter last year. Equities research analysts predict that Harsco Corp. will post $0.28 EPS for the current year.

Several hedge funds recently modified their holdings of the company. California State Teachers Retirement System increased its stake in shares of Harsco Corp. by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 148,394 shares of the company’s stock worth $1,169,000 after buying an additional 2,625 shares during the last quarter. New York State Common Retirement Fund increased its stake in shares of Harsco Corp. by 139.2% in the fourth quarter. New York State Common Retirement Fund now owns 183,493 shares of the company’s stock worth $1,446,000 after buying an additional 106,793 shares during the last quarter. Systematic Financial Management LP bought a new stake in shares of Harsco Corp. during the fourth quarter worth approximately $1,543,000. California Public Employees Retirement System increased its stake in shares of Harsco Corp. by 6.7% in the fourth quarter. California Public Employees Retirement System now owns 348,553 shares of the company’s stock worth $2,747,000 after buying an additional 21,900 shares during the last quarter. Finally, Lapides Asset Management LLC increased its stake in shares of Harsco Corp. by 11.5% in the fourth quarter. Lapides Asset Management LLC now owns 2,055,000 shares of the company’s stock worth $16,193,000 after buying an additional 211,500 shares during the last quarter.

Harsco Corporation is a provider of industrial services and engineered products serving global industries. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. Harsco Metals & Minerals segment is a provider of on-site, outsourced services to the global metals industries.

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