Enviri Co. (NYSE:NVRI - Get Free Report) CEO F Nicholas Grasberger III purchased 25,000 shares of the firm's stock in a transaction that occurred on Monday, May 6th. The stock was acquired at an average price of $7.59 per share, for a total transaction of $189,750.00. Following the completion of the purchase, the chief executive officer now owns 837,901 shares of the company's stock, valued at $6,359,668.59. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Enviri Stock Up 4.5 %
Enviri stock opened at $7.68 on Tuesday. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.36 and a quick ratio of 1.03. Enviri Co. has a 1-year low of $5.64 and a 1-year high of $10.01. The company has a market cap of $613.13 million, a PE ratio of -6.51 and a beta of 2.10. The stock's 50 day moving average price is $8.25 and its 200 day moving average price is $7.81.
Enviri (NYSE:NVRI - Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.09) by $0.06. Enviri had a negative return on equity of 0.99% and a negative net margin of 4.35%. The firm had revenue of $600.00 million for the quarter, compared to the consensus estimate of $509.77 million. During the same period in the previous year, the business earned ($0.11) earnings per share. The company's revenue for the quarter was up 7.0% compared to the same quarter last year. On average, sell-side analysts predict that Enviri Co. will post 0.01 EPS for the current fiscal year.
Institutional Trading of Enviri
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Institutional investors have recently modified their holdings of the business. SG Americas Securities LLC purchased a new stake in Enviri during the first quarter worth $100,000. Empowered Funds LLC boosted its position in Enviri by 8.2% during the first quarter. Empowered Funds LLC now owns 288,185 shares of the company's stock worth $2,637,000 after purchasing an additional 21,809 shares in the last quarter. Essex Investment Management Co. LLC boosted its position in Enviri by 1.6% during the first quarter. Essex Investment Management Co. LLC now owns 338,493 shares of the company's stock worth $3,097,000 after purchasing an additional 5,230 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in Enviri during the first quarter worth $892,000. Finally, Central Pacific Bank Trust Division purchased a new stake in Enviri during the first quarter worth $307,000. 93.43% of the stock is currently owned by hedge funds and other institutional investors.
Enviri Company Profile
(
Get Free Report)
Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.
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