Horsehead Holding Corp. Sets New 1-Year High at $13.45 (ZINC)
Horsehead Holding Corp. (NASDAQ:ZINC) set a new 52-week high during mid-day trading on Tuesday, AnalystRatingsNetwork reports. The stock traded as high as $13.45 and last traded at $13.39, with a volume of 230,317 shares. The stock had previously closed at $13.05.
Several analysts have recently commented on the stock. Analysts at Sidoti downgraded shares of Horsehead Holding Corp. (NASDAQ:ZINC) from a “buy” rating to a “neutral” rating in a research note to investors on Monday, July 8th. Analysts at Oppenheimer initiated coverage on shares of Horsehead Holding Corp. (NASDAQ:ZINC) in a research note to investors on Thursday, June 27th. They set an “outperform” rating and a $17.00 price target on the stock.
Horsehead Holding Corp. has a 52-week low of $8.20 and a 52-week high of $13.48. The stock’s 50-day moving average is $12.17 and its 200-day moving average is $11.53. The company’s market cap is $594.1 million.
Horsehead Holding Corp. (NASDAQ:ZINC) last announced its earnings results on Monday, August 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.05. The company had revenue of $110.50 million for the quarter, compared to the consensus estimate of $107.87 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was down 6.0% on a year-over-year basis. Analysts expect that Horsehead Holding Corp. will post $0.03 EPS for the current fiscal year.
Horsehead Holding Corp. (NASDAQ:ZINC) is a producer of zinc and nickel-based products sold primarily to customers throughout the United States and Canada.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.