Alert: Positive Investment Signals (12/15/23)-Harsco Corp (NYSE: HSC)


Harsco Corp (NYSE: HSC). Extremely significant positive changes in investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, HSC is expected to continue to be Value Creation neutral.

Harsco has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Harsco has a neutral Appreciation Score of 46 but a poor Power Rating of 22, leading to the Negative Value Trend Rating.

Recent Price Action

Harsco Corp (NYSE: HSC) stock closed at $8.57 on 12/15/23 after a large increase of 2.4%. Moreover, trading volume in this advance was exceptionally high at 567% of normal. The stock has risen 24.0% during the last week but has been weak relative to the market over the last nine months.

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