Shares of Harsco Corp. (NYSE:HSC) saw strong trading volume on Friday . 1,586,373 shares traded hands during mid-day trading, an increase of 37% from the previous session’s volume of 1,157,682 shares.The stock last traded at $9.56 and had previously closed at $9.05.

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

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

Harsco Corp. (NYSE:HSC) last announced its quarterly earnings results on Wednesday, May 4th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.08. The firm earned $353 million during 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% on a year-over-year basis. On average, analysts predict that Harsco Corp. will post $0.33 EPS for the current year.

Other hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System raised 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. California Public Employees Retirement System raised 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. New York State Common Retirement Fund raised 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. Lapides Asset Management LLC raised 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. Finally, Systematic Financial Management LP purchased a new stake in shares of Harsco Corp. during the fourth quarter worth about $1,543,000.

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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