US Ecology (NASDAQ:ECOL) was upgraded by equities research analysts at TheStreet from a "d+" rating to a "c" rating in a research note issued on Friday, TheStreetRatingsTable reports.
Separately, Zacks Investment Research downgraded US Ecology from a "buy" rating to a "hold" rating in a report on Friday.
Shares of NASDAQ ECOL opened at $42.07 on Friday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.20. The stock has a market capitalization of $1.31 billion, a PE ratio of -4.38 and a beta of 1.20. US Ecology has a twelve month low of $26.69 and a twelve month high of $45.72. The stock has a fifty day simple moving average of $42.57 and a 200-day simple moving average of $37.82.
US Ecology (NASDAQ:ECOL) last released its earnings results on Thursday, April 29th. The business services provider reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.03. US Ecology had a positive return on equity of 2.55% and a negative net margin of 32.51%. On average, equities analysts predict that US Ecology will post 0.42 earnings per share for the current year.
Hedge funds and other institutional investors have recently made changes to their positions in the business. ProShare Advisors LLC acquired a new position in shares of US Ecology during the 4th quarter worth about $276,000. Victory Capital Management Inc. lifted its stake in US Ecology by 28.4% during the fourth quarter. Victory Capital Management Inc. now owns 1,404,448 shares of the business services provider's stock worth $51,024,000 after purchasing an additional 310,485 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in US Ecology by 13.0% in the third quarter. Great West Life Assurance Co. Can now owns 34,784 shares of the business services provider's stock valued at $1,136,000 after purchasing an additional 4,008 shares in the last quarter. Cresset Asset Management LLC purchased a new position in US Ecology in the fourth quarter valued at approximately $205,000. Finally, BlackRock Inc. raised its holdings in US Ecology by 6.0% during the fourth quarter. BlackRock Inc. now owns 4,833,831 shares of the business services provider's stock worth $175,613,000 after purchasing an additional 272,219 shares in the last quarter. 86.47% of the stock is owned by institutional investors.
About US Ecology
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, Europe, the Middle East, Africa, Mexico, internationally. It operates through three segments: Waste Solutions, Field Services, and Energy Waste. The Waste Solutions segment offers specialty waste management services, including treatment, disposal, beneficial re-use, and recycling of hazardous, non-hazardous, and other specialty waste at company-owned treatment, storage, and disposal facilities, as well as wastewater treatment services.
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