Hi-Crush Inc. (NYSE:HCR) has seen 21,035,717 shares traded in the last trading session. The company, currently valued at $19.18 Million, closed the last trade at $0.19 per share which meant it lost -$0.18 on the day or -49.97% during that session. The HCR stock price is -1278.95% off its 52-week high price of $2.62 and 21.05% above the 52-week low of $0.15. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.03 Million shares traded. The 3-month trading volume is 1.66 Million shares.
The consensus among analysts is that Hi-Crush Inc. (HCR) is an Overweight stock at the moment, with a recommendation rating of 4. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. None out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.09.
Hi-Crush Inc. (NYSE:HCR) trade information
Despite being -49.97% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 22 when the HCR stock price touched $0.55 or saw a rise of 65.44%. Year-to-date, Hi-Crush Inc. shares have moved -78.46%, while the 5-day performance has seen it change -52.68%. Over the past 30 days, the shares of Hi-Crush Inc. (NYSE:HCR) have changed -27.97%. Short interest in the company has seen 5.18 Million shares shorted with days to cover at 3.12.
Wall Street analysts have a consensus price target for the stock at $1, which means that the shares’ value could jump 426.32% from current levels. The projected low price target is $1 while the price target rests at a high of $1. In that case, then, we find that the current price level is +426.32% off the targeted high while a plunge would see the stock lose 426.32% from current levels.
Hi-Crush Inc. (HCR) estimates and forecasts
Figures show that Hi-Crush Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -81.18% over the past 6 months, with this year growth rate of 85%, compared to 2.5% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -50% and 90.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be -30.2%.
1 analysts offering their estimates for the company have set an average revenue estimate of $125Million for the current quarter. 1 have an estimated revenue figure of $118Million for the next quarter concluding in June 01, 2020. Year-ago sales stood $176.04 Million and $178Million respectively for this quarter and the next, and analysts expect sales will grow by -29% for the current quarter and -33.7% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -26.1% over the past 5 years. Earnings growth for 2020 is a modest -388.1% while over the next 5 years, the company’s earnings are expected to increase by -1.42%.
Hi-Crush Inc. (NYSE:HCR)’s Major holders
Insiders own 5.99% of the company shares, while shares held by institutions stand at 12.67% with a share float percentage of 13.48%. Investors are also buoyed by the number of investors in a company, with Hi-Crush Inc. having a total of 98 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 3.48 Million shares worth more than $816.85 Thousand. As of March 30, 2020, Vanguard Group, Inc. (The) held 3.44% of shares outstanding.
The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 3.03 Million shares as of March 30, 2020. The firm’s total holdings are worth over $713.01 Thousand and represent 3.01% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of March 30, 2020, the former fund manager holds about 2.15% shares in the company for having 2164803 shares of worth $508.73 Thousand while later fund manager owns 1.12 Million shares of worth $262.08 Thousand as of March 30, 2020, which makes it owner of about 1.11% of company’s outstanding stock.