Hi-Crush Inc. (NYSE:HCR) traded at $0.16 at last check on Tuesday, Jun 30, making a downturn move of -5.88% on its previous day’s price.
Looking at the stock we see that its previous close was $0.1701 and the beta (5Y monthly) reads 2.36 with the day’s price range being $0.1600 – 0.1672. In terms of its 52-week price range, HCR has a high of $2.55 and a low of $0.15. The company’s stock has gained about -32.42% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $118Million, with a low of $118Million and a high of $118Million. The median projection represents growth adding up to -33.7% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $444Million, or -30.2% down from figures reported last year.
On the other hand, looking at the outlook for the HCR stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Hi-Crush Inc. (HCR) stock as a Hold, while none rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the HCR stock currently stands at 0, and the current price level is -56.08% off its SMA20 and -47.51% from its 50-day simple moving average. The RSI (14) is pointing at 37.62 while the volatility over the past week is 17.95% and jumps to 24.18% over the past one month. The beta value is 2.39, while the average true range (ATR) is currently pointing at 0.08. The average price target for the stock over the next 12 months is $1, with the estimates having a low of $1 and a high of $1. These price ends are 525% and +525% off the current price level respectively, although investors could be excited at the prospect of a +525% if the HCR share price touches on the median price of $1.
Let’s briefly compare Hi-Crush (HCR) stock to its peers. We find that today’s price change of -5.88% and -93.09% over the past 12 months for HCR competes that of Bhp Billiton Ltd (BHP), which has seen its stock price rise 1% in the latest trading session and is -15.71% over the last one year. Another of its peers Rio Tinto Plc (RIO) has climbed 0.99% today, but is -9.76% down over the past year, while Newmont Mining Corp (NEM) is also down -5.88% yet its price remains in the red at -93.09% over the same period. Bhp has a P/E ratio of 13.13 compared to Hi-Crush’s 0 and Rio’s 11.4. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.04% and 0.46%, respectively, in early deals.
Coming back to Hi-Crush Inc. (NYSE:HCR), we note that the average 3-month trading volume was 1.81 Million, while that of the preceding 10-day period stands at 7.01 Million. Current shares outstanding are 99.88 Million.
According to data from Thomson Reuters, insiders hold 5.99% of the company’s shares while institutions hold 12.67%. The data shows that short shares as of June 14, 2020, stood at 5.18 Million at a short ratio of 3.78. This represents a 5.13% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 7.6 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -80.73% down in year-to-date price movement.