Hi-Crush (NYSE:HCR) issued its quarterly earnings data on Thursday. The company reported ($1.46) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($1.37), Fidelity Earnings reports. Hi-Crush had a negative return on equity of 6.69% and a negative net margin of 88.99%. The business had revenue of $146.41 million during the quarter.
Shares of HCR opened at $0.19 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.41 and a debt-to-equity ratio of 1.31. The firm’s fifty day simple moving average is $0.31 and its two-hundred day simple moving average is $0.51. Hi-Crush has a 12 month low of $0.15 and a 12 month high of $2.94.
A number of analysts have commented on HCR shares. Evercore ISI cut shares of Hi-Crush to a “sell” rating in a research report on Tuesday, March 17th. Stephens cut shares of Hi-Crush to a “sell” rating and set a $0.25 price target on the stock. in a research report on Friday, March 20th. Finally, ValuEngine raised shares of Hi-Crush from a “hold” rating to a “buy” rating in a research report on Tuesday, April 7th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Hi-Crush presently has an average rating of “Hold” and an average price target of $1.08.
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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