Somewhat Critical News Coverage Somewhat Unlikely to Impact Charah Solutions (CHRA) Share Price

Media coverage about Charah Solutions (NYSE:CHRA) has been trending somewhat negative this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Charah Solutions earned a coverage optimism score of -0.01 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.8422465001352 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have impacted Accern’s analysis:

Shares of NYSE:CHRA traded down $0.04 during mid-day trading on Wednesday, hitting $11.17. The stock had a trading volume of 124,201 shares, compared to its average volume of 145,661. The company has a debt-to-equity ratio of 4.74, a quick ratio of 0.96 and a current ratio of 1.16. Charah Solutions has a 12-month low of $9.98 and a 12-month high of $12.00.

Several research firms recently commented on CHRA. Stifel Nicolaus initiated coverage on shares of Charah Solutions in a research note on Monday. They set a “buy” rating and a $15.00 target price for the company. First Analysis initiated coverage on shares of Charah Solutions in a research report on Monday. They issued an “overweight” rating for the company. Morgan Stanley initiated coverage on shares of Charah Solutions in a research report on Monday. They issued an “overweight” rating and a $14.00 price target for the company. Finally, Bank of America initiated coverage on shares of Charah Solutions in a research report on Monday. They issued a “neutral” rating and a $12.50 price target for the company.

In other news, Director Jack A. Blossman, Jr. purchased 5,000 shares of Charah Solutions stock in a transaction that occurred on Monday, June 18th. The stock was acquired at an average price of $12.00 per share, for a total transaction of $60,000.00. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

About Charah Solutions

Charah Solutions, Inc provides environmental and maintenance services to the power generation industry. It is involved in the development, construction, and management of landfills for coal-fired power generation facilities, and new and existing ash ponds; and active pond management activities, including clean closure, cap-in-place, and design and construction of new ponds.

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