Heritage-Crystal Clean Inc. (HCCI) Sees Large Volume Increase
Heritage-Crystal Clean Inc. (NASDAQ:HCCI) saw strong trading volume on Thursday . 195,212 shares changed hands during trading, an increase of 237% from the previous session’s volume of 57,914 shares.The stock last traded at $13.46 and had previously closed at $13.26.
A number of brokerages have commented on HCCI. Zacks Investment Research upgraded Heritage-Crystal Clean from a “hold” rating to a “strong-buy” rating and set a $14.00 price target for the company in a research report on Monday, August 1st. Needham & Company LLC upped their price target on Heritage-Crystal Clean from $15.50 to $16.50 and gave the stock a “buy” rating in a research report on Friday, July 29th. TheStreet upgraded Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a research report on Monday, June 6th. Finally, Robert W. Baird restated a “buy” rating on shares of Heritage-Crystal Clean in a research report on Friday, May 6th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $14.50.
The firm has a market capitalization of $308.54 million and a PE ratio of 1059.23. The stock has a 50 day moving average of $12.66 and a 200-day moving average of $10.90.
Heritage-Crystal Clean (NASDAQ:HCCI) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.05. On average, equities analysts forecast that Heritage-Crystal Clean Inc. will post $0.33 EPS for the current fiscal year.
In other Heritage-Crystal Clean news, VP Tom Hillstrom sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $13.21, for a total transaction of $198,150.00. Following the transaction, the vice president now owns 3,810 shares of the company’s stock, valued at $50,330.10. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
An institutional investor recently raised its position in Heritage-Crystal Clean stock. Dimensional Fund Advisors LP boosted its stake in Heritage-Crystal Clean Inc. (NASDAQ:HCCI) by 24.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,951 shares of the company’s stock after buying an additional 33,920 shares during the period. Dimensional Fund Advisors LP owned 0.78% of Heritage-Crystal Clean worth $1,854,000 as of its most recent SEC filing.
Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.
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