US Ecology Inc (NASDAQ:ECOL)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $48.88 and last traded at $49.05, with a volume of 15599 shares trading hands. The stock had previously closed at $49.02.
A number of equities research analysts have commented on ECOL shares. ValuEngine downgraded US Ecology from a “buy” rating to a “hold” rating in a research report on Wednesday, January 15th. BidaskClub downgraded US Ecology from a “sell” rating to a “strong sell” rating in a research report on Friday, November 15th. UBS Group set a $63.00 target price on US Ecology and gave the company a “hold” rating in a research report on Friday, November 1st. Finally, Zacks Investment Research downgraded US Ecology from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 16th.
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 stock has a 50 day moving average price of $53.77 and a two-hundred day moving average price of $58.56. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 22.14 and a beta of 0.59.
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 17th were paid a $0.18 dividend. The ex-dividend date was Thursday, January 16th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.43%. US Ecology’s payout ratio is presently 31.03%.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Victory Capital Management Inc. grew its stake in shares of US Ecology by 27.2% in the fourth quarter. Victory Capital Management Inc. now owns 917,095 shares of the business services provider’s stock valued at $49,532,000 after buying an additional 196,300 shares in the last quarter. State Street Corp grew its stake in shares of US Ecology by 11.6% in the fourth quarter. State Street Corp now owns 714,139 shares of the business services provider’s stock valued at $41,356,000 after buying an additional 74,454 shares in the last quarter. GW&K Investment Management LLC grew its stake in shares of US Ecology by 15.7% in the fourth quarter. GW&K Investment Management LLC now owns 558,672 shares of the business services provider’s stock valued at $32,353,000 after buying an additional 75,652 shares in the last quarter. Voya Investment Management LLC grew its stake in shares of US Ecology by 128.6% in the third quarter. Voya Investment Management LLC now owns 415,866 shares of the business services provider’s stock valued at $26,591,000 after buying an additional 233,941 shares in the last quarter. Finally, FIL Ltd grew its stake in shares of US Ecology by 53.1% in the fourth quarter. FIL Ltd now owns 408,140 shares of the business services provider’s stock valued at $23,635,000 after buying an additional 141,530 shares in the last quarter. 92.01% of the stock is owned by institutional investors and hedge funds.
About US Ecology (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.
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