Harsco Corporation (HSC) : Traders are bullish on Harsco Corporation (HSC) as it has outperformed the S&P 500 by a wide margin of 45.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.75%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 10.22% in the last 1 week, and is up 48.83% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Harsco Corporation (NYSE:HSC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.55 and $10.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.79, notching a gain of 3.35% for the day. The total traded volume was 1,277,865 . The stock had closed at $10.44 on the previous day.
The stock has recorded a 20-day Moving Average of 16% and the 50-Day Moving Average is 39.9%. Harsco Corporation is up 54.14% in the last 3-month period. Year-to-Date the stock performance stands at 38.01%.
Harsco Corporation (HSC) : The highest short term price target forecast on Harsco Corporation (HSC) is $12 and the lowest target price is $10. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $11 with a standard deviation of $1.41.
Harsco Corporation is a provider of industrial services and engineered products serving global industries. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. Harsco Metals & Minerals segment is a provider of on-site, outsourced services to the global metals industries. Harsco Industrial segment includes the Harsco Industrial IKG, Harsco Industrial Air-X-Changers and Harsco Industrial Patterson-Kelley businesses. Harsco Rail segment is a provider of equipment and services for the maintenance, repair and construction of railway track. The Companys principal lines of business include outsourced, on-site services of material logistics and resource recovery for iron, steel and metals manufacturing; air-cooled heat exchangers; industrial grating products; heat transfer products, and railway track maintenance services and equipment.