Hi-Crush Inc. (NYSE:HCR)’s share price rose 5.9% during trading on Friday . The stock traded as high as $2.35 and last traded at $2.33, approximately 638,656 shares traded hands during mid-day trading. A decline of 42% from the average daily volume of 1,095,426 shares. The stock had previously closed at $2.20.
HCR has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of HENKEL AG & CO/S from a “sell” rating to a “hold” rating in a research note on Thursday, June 6th. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd.
The firm has a market cap of $235.58 million, a price-to-earnings ratio of 2.62 and a beta of 1.93. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.53 and a quick ratio of 1.21.
Hi-Crush (NYSE:HCR) last posted its quarterly earnings data on Tuesday, May 7th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $159.91 million during the quarter, compared to analyst estimates of $178.20 million. Hi-Crush had a net margin of 9.99% and a return on equity of 10.24%. Research analysts anticipate that Hi-Crush Inc. will post -0.1 EPS for the current fiscal year.
In other news, CFO Laura C. Fulton acquired 25,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was acquired at an average cost of $1.62 per share, with a total value of $40,500.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert E. Rasmus acquired 100,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was purchased at an average cost of $1.63 per share, with a total value of $163,000.00. The disclosure for this purchase can be found here. Insiders bought 181,000 shares of company stock valued at $302,620 over the last three months. Corporate insiders own 34.80% of the company’s stock.
About Hi-Crush (NYSE:HCR)
Hi-Crush Inc, together with its subsidiaries, provides proppant and logistics solutions to the petroleum industry in North America. The company offers raw frac sand used in hydraulic fracturing process for oil and natural gas wells. It owns and operates multiple frac sand mining facilities, which include a 971-acre facility with integrated rail infrastructure located in Wyeville, Wisconsin; a 1,187-acre facility with integrated rail infrastructure located in Eau Claire County, Wisconsin; a 1,285-acre facility with integrated rail infrastructure located in Blair, Wisconsin; and a 1,626-acre facility with integrated rail infrastructure located in Independence, Wisconsin and Whitehall, Wisconsin.
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