Insider Selling: US Ecology Director Sells 10,000 Shares of Stock (ECOL)
US Ecology (NASDAQ:ECOL) Director Stephen A. Romano sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $49.04, for a total value of $490,400.00. Following the sale, the director now directly owns 91,295 shares in the company, valued at approximately $4,477,107. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
US Ecology (NASDAQ:ECOL) traded down 0.72% during mid-day trading on Tuesday, hitting $48.38. 153,092 shares of the company’s stock traded hands. US Ecology has a 1-year low of $26.68 and a 1-year high of $50.78. The stock’s 50-day moving average is $47.3 and its 200-day moving average is $39.73. The company has a market cap of $1.042 billion and a price-to-earnings ratio of 26.31.
US Ecology (NASDAQ:ECOL) last announced its earnings results on Monday, May 5th. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.14. The company had revenue of $53.35 million for the quarter, compared to the consensus estimate of $46.93 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 24.4% on a year-over-year basis. Analysts expect that US Ecology will post $1.70 EPS for the current fiscal year.
ECOL has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of US Ecology from a “neutral” rating to an “outperform” rating in a research note on Thursday, May 29th. They now have a $53.80 price target on the stock. Separately, analysts at KeyCorp raised their price target on shares of US Ecology from $42.00 to $55.00 in a research note on Thursday, May 22nd. They now have a “buy” rating on the stock. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of US Ecology in a research note on Wednesday, May 7th. They now have a $50.00 price target on the stock, up previously from $40.00. Six analysts have rated the stock with a buy rating, US Ecology has an average rating of “Buy” and an average price target of $48.30.
US Ecology, Inc (NASDAQ:ECOL) through its subsidiaries, provides radioactive, hazardous, polychlorinated biphenyls (PCB) and non-hazardous industrial waste management and recycling services to commercial and government entities, such as refineries and chemical production facilities, manufacturers, electric utilities, steel mills, medical and academic institutions and waste brokers/aggregators.
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