3 Stocks Pulling The Industrial Goods Sector Downward
2. As of noon trading, Clean Harbors ( CLH) is down $7.89 (-14.6%) to $46.05 on heavy volume. Thus far, 4.0 million shares of Clean Harbors exchanged hands as compared to its average daily volume of 558,800 shares. The stock has ranged in price between $44.95-$47.96 after having opened the day at $47.89 as compared to the previous trading day's close of $53.94. Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services in the United States, Puerto Rico, Canada, and internationally. It operates in four segments: Technical Services, Field Services, Industrial Services, and Oil and Gas Field Services. Clean Harbors has a market cap of $3.2 billion and is part of the materials & construction industry. Shares are down 10.7% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 1 rates it a hold. TheStreet Ratings rates Clean Harbors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Clean Harbors Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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