Charah Solutions Inc (NYSE:CHRA) major shareholder Charles E. Price sold 34,773 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $2.16, for a total value of $75,109.68. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Charah Solutions stock opened at $2.04 on Friday. Charah Solutions Inc has a 1 year low of $1.76 and a 1 year high of $8.65. The firm has a 50 day moving average price of $2.13 and a 200 day moving average price of $3.57. The company has a market cap of $60.43 million, a price-to-earnings ratio of 2.22 and a beta of 0.16. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.62 and a current ratio of 0.71.
A number of brokerages have recently commented on CHRA. First Analysis lowered their price objective on Charah Solutions from $8.00 to $3.00 and set an “outperform” rating for the company in a research report on Friday, October 4th. Morgan Stanley reduced their target price on Charah Solutions from $4.00 to $3.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 10th. Zacks Investment Research upgraded Charah Solutions from a “hold” rating to a “buy” rating and set a $2.75 target price on the stock in a research report on Friday, November 22nd. Finally, ValuEngine raised Charah Solutions from a “hold” rating to a “buy” rating in a research note on Friday, August 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $3.94.
About Charah Solutions
Charah Solutions, Inc provides environmental and maintenance services to the power generation industry in the United States. The company operates through two segments, Environmental Solutions; and Maintenance and Technical Services. The Environmental Solutions segment offers remediation and compliance services, including development, construction, and management of landfills for coal-fired power generation facilities, and new and existing ash ponds; and active pond management services, such as clean closure, cap-in-place, and design and construction of new ponds.
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