According to Zacks, “US Ecology, Inc., formerly known as American Ecology Corporation, provides radioactive, PCB, hazardous, and non-hazardous waste services to commercial and government customers throughout the United States. The Company operates through its subsidiaries and provides its services to steel mills, medical and academic institutions, refineries, chemical manufacturing facilities and the nuclear power industry. Its subsidiaries include US Ecology Nevada, Inc., US Ecology Washington, Inc., US Ecology Texas, Inc., US Ecology Idaho, Inc., and US Ecology Field Services, Inc. The Company operates through two business segments: operating disposal facilities and non-operating disposal facilities. US Ecology, Inc. is headquartered in Boise, Idaho. “
Shares of NASDAQ ECOL traded up $0.44 during mid-day trading on Tuesday, hitting $39.58. 175,234 shares of the stock traded hands, compared to its average volume of 158,622. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.38 and a quick ratio of 2.38. US Ecology has a twelve month low of $24.94 and a twelve month high of $50.17. The company has a market cap of $1.25 billion, a PE ratio of -4.12 and a beta of 1.20. The firm has a 50 day simple moving average of $36.66 and a two-hundred day simple moving average of $35.53.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. WCM Investment Management LLC boosted its holdings in shares of US Ecology by 1.7% during the 4th quarter. WCM Investment Management LLC now owns 368,019 shares of the business services provider’s stock valued at $13,370,000 after acquiring an additional 6,164 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of US Ecology by 264.1% during the 4th quarter. JPMorgan Chase & Co. now owns 42,877 shares of the business services provider’s stock valued at $1,557,000 after acquiring an additional 31,100 shares in the last quarter. Voloridge Investment Management LLC acquired a new position in US Ecology during the 4th quarter worth about $394,000. Squarepoint Ops LLC acquired a new position in US Ecology during the 4th quarter worth about $210,000. Finally, Morgan Stanley lifted its holdings in US Ecology by 17.5% during the 4th quarter. Morgan Stanley now owns 113,204 shares of the business services provider’s stock worth $4,113,000 after buying an additional 16,839 shares during the period. 86.47% of the stock is currently owned by institutional investors.
US Ecology Company Profile
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, Europe, the Middle East, Africa, Mexico, internationally. It operates through two segments, Environmental Services, and Field & Industrial Services. The Environmental Services segment offers specialty material management services, including transportation, recycling, treatment, and disposal of hazardous, non-hazardous, E&P, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.
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