Harsco Corporation (NYSE:HSC) : Traders are bullish on Harsco Corporation (NYSE:HSC) as it has outperformed the S&P 500 by a wide margin of 9.26% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.12%, 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 3.42% in the last 1 week, and is up 11.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -55.87% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $16.60 and the one year low was seen on Mar 2, 2016. The 50-Day Moving Average price is $6.63 and the 200 Day Moving Average price is recorded at $6.28.
The stock has recorded a 20-day Moving Average of 9.16% and the 50-Day Moving Average is 9.1%.
Harsco Corporation (NYSE:HSC): stock turned positive on Friday. Though the stock opened at $7.05, the bulls momentum made the stock top out at $7.355 level for the day. The stock recorded a low of $7.02 and closed the trading day at $7.25, in the green by 4.62%. The total traded volume for the day was 984,633. The stock had closed at $6.93 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the CFO of Harsco Corp, Minan Peter Francis had purchased shares worth of $36,600 in a transaction dated on March 2, 2016. A total of 10,000 shares were purchased at a price of $3.66 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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.