US Ecology Inc (NASDAQ:ECOL) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $50.16 and last traded at $50.18, with a volume of 5125 shares. The stock had previously closed at $51.00.
ECOL has been the subject of several analyst reports. ValuEngine cut shares of US Ecology from a “buy” rating to a “hold” rating in a report on Wednesday, January 15th. BidaskClub cut shares of US Ecology from a “sell” rating to a “strong sell” rating in a report on Friday, November 15th. Zacks Investment Research cut shares of US Ecology from a “hold” rating to a “strong sell” rating in a report on Thursday, January 16th. Finally, UBS Group set a $63.00 price target on shares of US Ecology and gave the stock a “hold” rating in a report on Friday, November 1st.
The stock has a market capitalization of $1.13 billion, a PE ratio of 21.93 and a beta of 0.59. The firm’s fifty day moving average is $54.80 and its 200-day moving average is $59.03. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.95.
The company also recently declared a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 17th were issued a dividend of $0.18 per share. The ex-dividend date was Thursday, January 16th. This represents a $0.72 annualized dividend and a yield of 1.45%. US Ecology’s dividend payout ratio is currently 31.03%.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. First Mercantile Trust Co. increased its holdings in US Ecology by 11.6% in the third quarter. First Mercantile Trust Co. now owns 1,685 shares of the business services provider’s stock valued at $108,000 after buying an additional 175 shares in the last quarter. New York State Teachers Retirement System increased its holdings in US Ecology by 2.0% in the fourth quarter. New York State Teachers Retirement System now owns 9,974 shares of the business services provider’s stock valued at $578,000 after buying an additional 194 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in US Ecology by 27.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after buying an additional 317 shares in the last quarter. California Public Employees Retirement System increased its holdings in US Ecology by 0.6% in the fourth quarter. California Public Employees Retirement System now owns 62,156 shares of the business services provider’s stock valued at $3,599,000 after buying an additional 380 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in US Ecology by 1.2% in the third quarter. California State Teachers Retirement System now owns 34,380 shares of the business services provider’s stock valued at $2,198,000 after buying an additional 411 shares in the last quarter. 90.28% of the stock is owned by hedge funds and other institutional investors.
US Ecology Company Profile (NASDAQ:ECOL)
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.
Read More: Why are gap-down stocks important?
Receive News & Ratings for US Ecology Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for US Ecology and related companies with MarketBeat.com’s FREE daily email newsletter.
