Heritage-Crystal Clean Inc. (HCCI) Sees Large Volume Increase
Heritage-Crystal Clean Inc. (NASDAQ:HCCI) shares saw an uptick in trading volume on Thursday . 195,212 shares traded 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.
Several research firms recently commented on HCCI. Needham & Company LLC increased their target price on shares of Heritage-Crystal Clean from $13.00 to $15.50 and gave the company a “buy” rating in a research note on Wednesday, June 22nd. Zacks Investment Research upgraded shares of Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a research report on Tuesday, July 12th. TheStreet upgraded shares of 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 research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $14.50.
The stock has a market capitalization of $301.60 million and a price-to-earnings ratio of 1035.38. The company’s 50 day moving average is $12.62 and its 200 day moving average is $10.86.
Heritage-Crystal Clean (NASDAQ:HCCI) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.05. Analysts forecast that Heritage-Crystal Clean Inc. will post $0.33 earnings per share for the current 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 shares were sold at an average price of $13.21, for a total value of $198,150.00. Following the completion of the sale, the vice president now owns 3,810 shares in the company, valued at approximately $50,330.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
An institutional investor recently raised its position in Heritage-Crystal Clean stock. Dimensional Fund Advisors LP increased its stake in shares of Heritage-Crystal Clean Inc. (NASDAQ:HCCI) by 24.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund 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 filing with the SEC.
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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