Alert: Major Price Advance (11/6/24)-Harsco Corp (NYSE: NVRI).

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On 11/6/24, Harsco Corp (NYSE: NVRI) stock enjoyed a major increase of 10.0%, closing at $7.57. Moreover, trading volume in this advance was exceptionally high at 224% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -25.3% during the last week.

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Current PriceTarget Research Rating

HSC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.

Harsco has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Harsco has a neutral Appreciation Score of 56 but a good Power Rating of 82, with the Positive Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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