NRC Group Holdings Corp (NYSEAMERICAN:NRCG) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 95,900 shares, a growth of 74.0% from the May 30th total of 55,100 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average trading volume of 72,500 shares, the short-interest ratio is currently 1.3 days.
NYSEAMERICAN:NRCG traded up $0.15 during trading hours on Thursday, reaching $11.60. 94,759 shares of the stock were exchanged, compared to its average volume of 42,676. NRC Group has a twelve month low of $6.41 and a twelve month high of $11.71.
NRC Group (NYSEAMERICAN:NRCG) last released its quarterly earnings results on Tuesday, May 7th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.21). The business had revenue of $100.49 million during the quarter, compared to the consensus estimate of $84.00 million.
A number of research analysts recently commented on NRCG shares. Stifel Nicolaus started coverage on GENFIT S A/ADR in a report on Tuesday, June 25th. They issued a “hold” rating on the stock. Zacks Investment Research cut ExlService from a “hold” rating to a “sell” rating in a report on Wednesday.
A hedge fund recently bought a new stake in NRC Group stock. Millennium Management LLC purchased a new position in shares of NRC Group Holdings Corp (NYSEAMERICAN:NRCG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 111,856 shares of the company’s stock, valued at approximately $856,000. Millennium Management LLC owned approximately 0.35% of NRC Group as of its most recent SEC filing.
About NRC Group
NRC Group Holdings Corp. provides various environmental, compliance, and waste management services. The company operates through four segments: Domestic Environmental Services, Sprint, Domestic Standby Services, and International Services. It provides industrial cleaning, hazardous waste packaging and management, waste transportation and disposal, salvage support, petroleum storage tank cleaning and removal, pipeline repair, land and marine based emergency response, specialized equipment rental, site remediation, and marine cleaning and marine services.
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