US Ecology (NASDAQ:ECOL) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Wednesday, January 15th, ValuEngine reports.
Several other brokerages also recently issued reports on ECOL. BidaskClub downgraded shares of US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th. UBS Group set a $63.00 target price on shares of US Ecology and gave the stock a “hold” rating in a research note on Friday, November 1st. Finally, Zacks Investment Research upgraded shares of US Ecology from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.
NASDAQ:ECOL traded down $0.53 during mid-day trading on Wednesday, hitting $53.98. 239,200 shares of the company’s stock were exchanged, compared to its average volume of 141,401. US Ecology has a one year low of $53.37 and a one year high of $67.24. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.03 and a quick ratio of 2.03. The business has a fifty day moving average price of $55.82 and a 200 day moving average price of $59.50. The company has a market cap of $1.20 billion, a PE ratio of 23.77 and a beta of 0.59.
Hedge funds have recently made changes to their positions in the business. Royce & Associates LP increased its stake in shares of US Ecology by 16.2% in the fourth quarter. Royce & Associates LP now owns 4,915 shares of the business services provider’s stock worth $285,000 after purchasing an additional 685 shares in the last quarter. State Street Corp boosted its position in shares of US Ecology by 11.6% during the fourth quarter. State Street Corp now owns 714,139 shares of the business services provider’s stock worth $41,356,000 after acquiring an additional 74,454 shares during the last quarter. Swiss National Bank boosted its position in shares of US Ecology by 14.9% during the fourth quarter. Swiss National Bank now owns 47,700 shares of the business services provider’s stock worth $2,762,000 after acquiring an additional 6,200 shares during the last quarter. Naples Global Advisors LLC boosted its position in shares of US Ecology by 35.7% during the fourth quarter. Naples Global Advisors LLC now owns 23,210 shares of the business services provider’s stock worth $1,344,000 after acquiring an additional 6,110 shares during the last quarter. Finally, American International Group Inc. boosted its position in shares of US Ecology by 7.2% during the fourth quarter. American International Group Inc. now owns 17,539 shares of the business services provider’s stock worth $1,016,000 after acquiring an additional 1,178 shares during the last quarter. 90.28% of the stock is owned by institutional investors and hedge funds.
About US Ecology
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, and Mexico. It operates through two segments, Environmental Services, and Field & Industrial Services. The Environmental Services segment offers hazardous material management services, including transportation, recycling, treatment, and disposal of hazardous, non-hazardous, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.
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