Harsco Corporation (HSC): Price Target and June Short Interest Disclosure

Harsco Corporation (HSC) : Currently there are 2 street experts covering Harsco Corporation (HSC) stock. The most bullish and bearish price target for the stock is $10 and $9 respectively for the short term. The average price target of all the analysts comes to $9.5. The estimated standard deviation from the target is $0.71.

Harsco Corporation (HSC), A increase of 100,064 shares or 7.6% was observed in the short interest of Harsco The interest on June 30,2016 came in at 1,408,935 shares and as per the average daily trading of 1,094,860 shares, the days to cover are 1. The increased interest is 1.8% of the floated shares. The data of June 15,2016 put the interest at 1,308,871 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Harsco Corporation (NYSE:HSC): stock turned positive on Thursday. Though the stock opened at $8.56, the bulls momentum made the stock top out at $9.12 level for the day. The stock recorded a low of $8.22 and closed the trading day at $9.05, in the green by 12.42%. The total traded volume for the day was 2,831,419. The stock had closed at $8.05 in the previous days trading.

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.

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