Shares of HC2 Holdings Inc (NYSE:HCHC) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a twelve-month consensus price target of $11.50 for the company and are anticipating that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also assigned HC2 an industry rank of 107 out of 265 based on the ratings given to its competitors.
A number of equities analysts have weighed in on HCHC shares. B. Riley set a $10.00 price target on HC2 and gave the stock a “buy” rating in a research report on Monday, October 23rd. Zacks Investment Research downgraded HC2 from a “hold” rating to a “sell” rating in a research report on Monday, November 13th.
Shares of HC2 (HCHC) traded down $0.02 during midday trading on Tuesday, reaching $5.12. The company’s stock had a trading volume of 47,013 shares, compared to its average volume of 136,036. The firm has a market capitalization of $221.73, a P/E ratio of -1.98 and a beta of 0.67. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 6.06. HC2 has a 1 year low of $4.30 and a 1 year high of $6.71.
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HC2 Holdings, Inc engages in construction, marine services, insurance, telecommunications, energy, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants.
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