Investors Research Corp Buys New Shares in Enviri Co. (NYSE:NVRI)

Investors Research Corp bought a new stake in shares of Enviri Co. (NYSE:NVRI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 26,985 shares of the company’s stock, valued at approximately $243,000.

Several other large investors have also recently bought and sold shares of NVRI. Diversified Trust Co bought a new position in Enviri in the fourth quarter worth $104,000. Mutual of America Capital Management LLC bought a new position in Enviri in the fourth quarter worth $126,000. Brookstone Capital Management bought a new position in Enviri in the fourth quarter worth $144,000. Arizona State Retirement System bought a new position in Enviri in the fourth quarter worth $201,000. Finally, Cerity Partners LLC bought a new position in Enviri in the fourth quarter worth $236,000. 93.43% of the stock is currently owned by institutional investors and hedge funds.

Enviri Stock Down 1.8 %

Shares of NVRI stock opened at $8.09 on Tuesday. Enviri Co. has a one year low of $5.64 and a one year high of $10.01. The stock has a fifty day moving average price of $8.30 and a 200 day moving average price of $7.70. The company has a quick ratio of 1.13, a current ratio of 1.26 and a debt-to-equity ratio of 2.44.

Enviri (NYSE:NVRI) last issued its earnings results on Thursday, February 29th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.01. The firm had revenue of $529.00 million during the quarter, compared to analysts’ expectations of $493.30 million. Enviri had a negative return on equity of 1.99% and a negative net margin of 4.16%. Enviri’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the business earned $0.01 earnings per share. Research analysts anticipate that Enviri Co. will post -0.12 EPS for the current fiscal year.

About Enviri

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.