Alert: Negative Investment/Fundamental Signals (11/27/24)-Harsco Corp (NYSE: NVRI)

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Recent extremely meaningful negative changes in investment behavior have impacted Harsco Corp (NYSE: NVRI): negative upside/downside volume developed, and the stock fell on very heavy volume.

Harsco Corp (NYSE: NVRI) has recently experienced important negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Harsco has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Harsco has a neutral Appreciation Score of 55 and a slightly positive Power Rating of 67, resulting in the High Neutral Value Trend Rating.

Recent Price Action

Harsco Corp (NYSE: NVRI) stock closed at $7.33 on 11/27/24 after a decline of -2.4%. Moreover, exceptionally high trading volume at 246% of normal accompanied the decline. The stock has risen 6.4% during the last week and has been strong relative to the market over the last nine months.

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