Harsco Corp. (HSC) Shares Up 3.1%
Harsco Corp. (NYSE:HSC) shot up 3.1% on Monday . The company traded as high as $10.37 and last traded at $10.35, with a volume of 123,122 shares traded. The stock had previously closed at $10.04.
HSC has been the subject of a number of research analyst reports. Jefferies Group restated a “buy” rating on shares of Harsco Corp. in a research note on Monday, August 1st. Zacks Investment Research upgraded Harsco Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, May 5th.
The company has a 50 day moving average of $10.03 and a 200 day moving average of $7.15. The stock’s market capitalization is $812.16 million.
Harsco Corp. (NYSE:HSC) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.05. The firm earned $370 million during the quarter, compared to the consensus estimate of $377.30 million. During the same period last year, the company earned $0.08 EPS. The firm’s revenue for the quarter was down 18.9% compared to the same quarter last year. On average, equities research analysts forecast that Harsco Corp. will post $0.42 EPS for the current fiscal year.
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. Its Harsco Metals & Minerals segment is a provider of on-site, outsourced services to the metals industries across the world.
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