Heritage-Crystal Clean, Inc (HCCI) saw a big move last session, as the company’s shares fell by over 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for HCCI, as the stock is now down 41% in the past one-month time frame.
This slump shouldn’t be too much of a surprise to investors, as Heritage-Crystal Clean has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
HCCI currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the Pollution Control industry may consider better-ranked stocks like Perma-Fix Environmental Services Inc. (PESI), PMFG, Inc. (PMFG) and Progressive Waste Solutions Ltd. (BIN). All these stocks carry a Zacks Rank #1 (Strong Buy).
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HERITAGE CRYSTAL CLEAN INC (HCCI): Free Stock Analysis Report
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Weakness Seen in Heritage-Crystal Clean (HCCI): Stock Tanks 10.3%
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