Charah Solutions Inc (NYSE:CHRA) shares reached a new 52-week low on Friday . The company traded as low as $6.21 and last traded at $6.29, with a volume of 880 shares trading hands. The stock had previously closed at $6.38.

A number of research analysts have weighed in on the stock. Morgan Stanley dropped their target price on shares of Charah Solutions from $14.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 15th. First Analysis started coverage on shares of Charah Solutions in a research report on Monday, July 9th. They issued an “overweight” rating on the stock. Bank of America started coverage on shares of Charah Solutions in a research report on Monday, July 9th. They issued a “neutral” rating and a $12.50 price target on the stock. Finally, Stifel Nicolaus started coverage on shares of Charah Solutions in a research report on Monday, July 9th. They issued a “buy” rating and a $15.00 price target on the stock.

The company has a quick ratio of 1.44, a current ratio of 1.71 and a debt-to-equity ratio of 2.08.

Charah Solutions (NYSE:CHRA) last posted its quarterly earnings results on Tuesday, August 14th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $195.72 million during the quarter, compared to the consensus estimate of $208.90 million. analysts expect that Charah Solutions Inc will post 0.63 earnings per share for the current fiscal year.

In other Charah Solutions news, Director Jack A. Blossman, Jr. purchased 5,000 shares of the stock in a transaction dated Monday, June 18th. The shares were bought at an average price of $12.00 per share, with a total value of $60,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

A number of institutional investors have recently bought and sold shares of CHRA. Point72 Hong Kong Ltd bought a new stake in Charah Solutions during the 2nd quarter worth approximately $144,000. Spark Investment Management LLC bought a new stake in Charah Solutions during the 2nd quarter worth approximately $288,000. Hilltop Holdings Inc. bought a new stake in Charah Solutions during the 2nd quarter worth approximately $520,000. Dean Capital Investments Management LLC bought a new stake in Charah Solutions during the 2nd quarter worth approximately $547,000. Finally, Sei Investments Co. bought a new stake in Charah Solutions during the 2nd quarter worth approximately $557,000. 25.91% of the stock is currently owned by institutional investors and hedge funds.

Charah Solutions Company Profile (NYSE:CHRA)

Charah Solutions, Inc provides environmental and maintenance services to the power generation industry. It is involved in the development, construction, and management of landfills for coal-fired power generation facilities, and new and existing ash ponds; and active pond management activities, including clean closure, cap-in-place, and design and construction of new ponds.

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