Charah Solutions Inc (NYSE:CHRA) CEO Scott Andrew Sewell acquired 14,000 shares of Charah Solutions stock in a transaction dated Thursday, September 12th. The stock was purchased at an average price of $2.62 per share, with a total value of $36,680.00.

Shares of CHRA stock opened at $2.54 on Friday. The stock has a 50 day moving average of $3.46 and a 200 day moving average of $5.33. The company has a current ratio of 0.91, a quick ratio of 0.79 and a debt-to-equity ratio of 2.22. The stock has a market cap of $82.54 million, a P/E ratio of 2.76 and a beta of 0.01. Charah Solutions Inc has a twelve month low of $2.39 and a twelve month high of $8.76.

Charah Solutions (NYSE:CHRA) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.30). The company had revenue of $120.94 million for the quarter, compared to analysts’ expectations of $152.90 million. Charah Solutions had a negative net margin of 5.02% and a positive return on equity of 1.85%. On average, research analysts predict that Charah Solutions Inc will post -0.4 earnings per share for the current fiscal year.

Several research analysts recently weighed in on CHRA shares. ValuEngine upgraded Charah Solutions from a “hold” rating to a “buy” rating in a research report on Friday, August 16th. Morgan Stanley cut Charah Solutions from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $7.00 to $4.00 in a research report on Friday, August 16th. Finally, Zacks Investment Research cut Charah Solutions from a “hold” rating to a “sell” rating in a research report on Tuesday, July 30th.

Hedge funds have recently made changes to their positions in the stock. GSA Capital Partners LLP purchased a new position in Charah Solutions during the second quarter valued at approximately $69,000. Spark Investment Management LLC raised its position in Charah Solutions by 101.8% during the first quarter. Spark Investment Management LLC now owns 21,800 shares of the company’s stock valued at $139,000 after acquiring an additional 10,996 shares in the last quarter. Monarch Partners Asset Management LLC raised its position in Charah Solutions by 11.7% during the first quarter. Monarch Partners Asset Management LLC now owns 90,661 shares of the company’s stock valued at $580,000 after acquiring an additional 9,495 shares in the last quarter. Northern Trust Corp raised its position in Charah Solutions by 5.6% during the second quarter. Northern Trust Corp now owns 97,867 shares of the company’s stock valued at $538,000 after acquiring an additional 5,173 shares in the last quarter. Finally, Skylands Capital LLC purchased a new position in Charah Solutions during the second quarter valued at approximately $1,823,000. Institutional investors own 24.81% of the company’s stock.

About Charah Solutions

Charah Solutions, Inc provides environmental and maintenance services to the power generation industry in the United States. The company operates through two segments, Environmental Solutions; and Maintenance and Technical Services. The Environmental Solutions segment offers remediation and compliance services, including development, construction, and management of landfills for coal-fired power generation facilities, and new and existing ash ponds; and active pond management services, such as clean closure, cap-in-place, and design and construction of new ponds.

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