US Ecology (NASDAQ:ECOL) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.
Several other equities research analysts also recently issued reports on ECOL. Zacks Investment Research downgraded US Ecology from a “hold” rating to a “strong sell” rating in a report on Friday, January 7th. UBS Group downgraded US Ecology from a “buy” rating to a “neutral” rating in a report on Thursday, February 10th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, US Ecology currently has an average rating of “Hold” and a consensus price target of $36.67.
Shares of NASDAQ:ECOL opened at $47.00 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.22. US Ecology has a twelve month low of $26.26 and a twelve month high of $47.80. The stock’s 50 day moving average is $32.53 and its 200-day moving average is $33.79. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -16.10 and a beta of 1.13.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Deutsche Bank AG lifted its position in shares of US Ecology by 4.0% during the 4th quarter. Deutsche Bank AG now owns 21,719 shares of the business services provider’s stock valued at $693,000 after buying an additional 836 shares during the last quarter. California State Teachers Retirement System lifted its holdings in US Ecology by 1.8% during the 4th quarter. California State Teachers Retirement System now owns 43,617 shares of the business services provider’s stock worth $1,393,000 after purchasing an additional 787 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in US Ecology by 0.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 51,056 shares of the business services provider’s stock worth $1,631,000 after purchasing an additional 224 shares in the last quarter. Laurel Wealth Advisors Inc. purchased a new stake in US Ecology during the 4th quarter worth about $258,000. Finally, Legal & General Group Plc lifted its holdings in US Ecology by 2.9% during the 4th quarter. Legal & General Group Plc now owns 89,376 shares of the business services provider’s stock worth $2,854,000 after purchasing an additional 2,485 shares in the last quarter. 89.32% of the stock is currently owned by hedge funds and other institutional investors.
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US Ecology Company Profile
US Ecology, Inc engages in the provision of environmental services to commercial and government entities. It operates through the following segments: Waste Solutions, Field Services, and Energy Waste. The Waste Solutions segment includes a range of specialty material management services including transportation, recycling, treatment and disposal of hazardous, non-hazardous, E&P and radioactive waste at company-owned landfill, wastewater, deep-well injection, and other treatment facilities.
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