Harsco Corporation (HSC) has risen sharply, recording gains of 2.55% in the past 4 weeks. However, the stock has corrected -5.19% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.77% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.77% and the fifty day Moving Average is 12.6%. Harsco Corporation is up 57.37% in the last three month period. Year-to-Date the stock performance stands at 28.41%.
Harsco Corporation (HSC) : The highest level Harsco Corporation (HSC) is projected to reach is $12 for the short term and the lowest estimate is at $10. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $11 and the possibility the share price can swing is $1.41.
Harsco Corporation (NYSE:HSC): On Fridays trading session , Opening price of the stock was $10.25 with an intraday high of $10.43. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.98. However, the stock managed to close at $10.04, a loss of 1.57% for the day. On the previous day, the stock had closed at $10.2. The total traded volume of the day was 432,175 shares.
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.