Hi-Crush (NYSE:HCR) Trading Down 2.9%

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Hi-Crush Inc. (NYSE:HCR)’s share price was down 2.9% during mid-day trading on Tuesday . The stock traded as low as $1.01 and last traded at $1.01, approximately 671,868 shares were traded during mid-day trading. A decline of 29% from the average daily volume of 950,130 shares. The stock had previously closed at $1.04.

Several equities research analysts have recently issued reports on HCR shares. TheStreet lowered shares of Hi-Crush from a “c-” rating to a “d” rating in a research report on Tuesday, September 3rd. ValuEngine raised shares of Hi-Crush from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. AltaCorp Capital lowered shares of Hi-Crush from a “sector perform” rating to an “underperform” rating in a research report on Thursday, November 7th. Finally, Piper Jaffray Companies set a $2.00 price objective on shares of Hi-Crush and gave the stock a “hold” rating in a research report on Monday, August 12th. Two research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $2.00.

The stock has a market cap of $104.99 million, a price-to-earnings ratio of 0.70 and a beta of 1.89. The company’s 50 day simple moving average is $1.44. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.47 and a quick ratio of 1.14.

Hi-Crush (NYSE:HCR) last announced its earnings results on Tuesday, November 5th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.03. Hi-Crush had a negative net margin of 59.74% and a negative return on equity of 3.18%. The business had revenue of $172.97 million during the quarter, compared to the consensus estimate of $167.86 million. During the same period in the prior year, the firm earned ($0.12) earnings per share. The business’s quarterly revenue was down 19.2% compared to the same quarter last year. Equities analysts expect that Hi-Crush Inc. will post -0.25 EPS for the current year.

Hi-Crush Company Profile (NYSE:HCR)

Hi-Crush Inc, together with its subsidiaries, provides proppant and logistics solutions to the petroleum industry in North America. The company offers raw frac sand used in hydraulic fracturing process for oil and natural gas wells. It owns and operates multiple frac sand mining facilities, which include a 971-acre facility with integrated rail infrastructure located in Wyeville, Wisconsin; a 1,187-acre facility with integrated rail infrastructure located in Eau Claire County, Wisconsin; a 1,285-acre facility with integrated rail infrastructure located in Blair, Wisconsin; and a 1,626-acre facility with integrated rail infrastructure located in Independence, Wisconsin and Whitehall, Wisconsin.

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