Heritage-Crystal Clean (NASDAQ:HCCI) Upgraded at BidaskClub
HCCI has been the subject of several other reports. Barrington Research increased their target price on Lions Gate Entertainment to $18.00 and gave the company an outperform rating in a report on Wednesday, May 29th. Zacks Investment Research cut Phoenix New Media from a hold rating to a sell rating in a report on Tuesday. Finally, ValuEngine upgraded Vale from a sell rating to a hold rating in a report on Tuesday, July 16th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Heritage-Crystal Clean currently has a consensus rating of Buy and a consensus target price of $28.50.
HCCI stock traded up $0.59 during trading on Wednesday, hitting $28.73. 53,294 shares of the company traded hands, compared to its average volume of 57,849. The firm has a market capitalization of $650.75 million, a price-to-earnings ratio of 38.03, a PEG ratio of 1.76 and a beta of 1.43. Heritage-Crystal Clean has a 1 year low of $19.01 and a 1 year high of $29.01. The stock has a 50-day moving average of $26.43. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.80 and a quick ratio of 1.39.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Legal & General Group Plc raised its position in shares of Heritage-Crystal Clean by 22.7% in the 4th quarter. Legal & General Group Plc now owns 2,744 shares of the industrial products company’s stock worth $63,000 after acquiring an additional 507 shares in the last quarter. Great West Life Assurance Co. Can bought a new position in shares of Heritage-Crystal Clean in the 4th quarter worth approximately $73,000. BNP Paribas Arbitrage SA raised its position in shares of Heritage-Crystal Clean by 476.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 3,100 shares of the industrial products company’s stock worth $85,000 after acquiring an additional 2,562 shares in the last quarter. Metropolitan Life Insurance Co. NY raised its position in shares of Heritage-Crystal Clean by 421.8% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 5,093 shares of the industrial products company’s stock worth $117,000 after acquiring an additional 4,117 shares in the last quarter. Finally, Meeder Asset Management Inc. raised its position in shares of Heritage-Crystal Clean by 861.5% in the 1st quarter. Meeder Asset Management Inc. now owns 5,125 shares of the industrial products company’s stock worth $140,000 after acquiring an additional 4,592 shares in the last quarter. Institutional investors and hedge funds own 64.45% of the company’s stock.
About Heritage-Crystal Clean
Heritage-Crystal Clean, Inc, through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, and hazardous and non-hazardous containerized waste services to small and mid-sized customers in the vehicle maintenance and manufacturing services industries in North America. It operates in two segments, Environmental Services and Oil Business.
Further Reading: Bollinger Bands
Receive News & Ratings for Heritage-Crystal Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage-Crystal Clean and related companies with MarketBeat.com's FREE daily email newsletter.