In last trading session, Charah Solutions Inc. (NYSE:CHRA) saw 0.27 million shares changing hands with its beta currently measuring 0.61. Company’s recent per share price level of $1.03 trading at $0.01 or 0.98% at ring of the bell on the day assigns it a market valuation of $35.87M. That closing price of CHRA’s stock is at a discount of -464.08% from its 52-week high price of $5.81 and is indicating a premium of 49.51% from its 52-week low price of $0.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.42 million shares which gives us an average trading volume of 126.01K if we extend that period to 3-months.
For Charah Solutions Inc. (CHRA), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.28 in the current quarter.
Charah Solutions Inc. (NYSE:CHRA) trade information
Upright in the green during last session for gaining 0.98%, in the last five days CHRA remained trading in the green while hitting it’s week-highest on Wednesday, 11/23/22 when the stock touched $1.03 price level, adding 16.26% to its value on the day. Charah Solutions Inc.’s shares saw a change of -78.22% in year-to-date performance and have moved 77.52% in past 5-day. Charah Solutions Inc. (NYSE:CHRA) showed a performance of -39.05% in past 30-days. Number of shares sold short was 0.17 million shares which calculate 2.3 days to cover the short interests.
Charah Solutions Inc. (CHRA) estimates and forecasts
Statistics highlight that Charah Solutions Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -60.38% of value to its shares in past 6 months, showing an annual growth rate of -215.00% while that of industry is -4.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -250.00% in the current quarter and calculating -100.00% decrease in the next quarter. This year revenue growth is estimated to rise 7.70% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $83.51 million for the same. And 3 analysts are in estimates of company making revenue of $89.21 million in the next quarter that will end on Dec 2022. Company posted $77.2 million and $93.43 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 8.20% while estimating it to be -4.50% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -21.60% during past 5 years.
Charah Solutions Inc. is more likely to be releasing its next quarterly report between November 09 and November 14 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Charah Solutions Inc. (NYSE:CHRA)’s Major holders
Insiders are in possession of 3.31% of company’s total shares while institution are holding 84.69 percent of that, with stock having share float percentage of 87.59%. Investors also watch the number of corporate investors in a company very closely, which is 84.69% institutions for Charah Solutions Inc. that are currently holding shares of the company. Portolan Capital Management, LLC is the top institutional holder at CHRA for having 3.35 million shares of worth $12.53 million. And as of Jun 29, 2022, it was holding 9.93% of the company’s outstanding shares.
The second largest institutional holder is B. Riley Financial, Inc., which was holding about 2.89 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 8.57% of outstanding shares, having a total worth of $10.8 million.
On the other hand, American Century Small Cap Value Fund and Fidelity Strategic Advisors Small-Mid Cap Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 1.93 million shares of worth $7.2 million or 5.71% of the total outstanding shares. The later fund manager was in possession of 1.27 million shares on Aug 30, 2022, making its stake of worth around $3.26 million in the company or a holder of 3.77% of company’s stock.