Morgan Stanley lowered shares of Charah Solutions (NYSE:CHRA) from an overweight rating to an equal weight rating in a report issued on Friday morning, BenzingaRatingsTable reports. Morgan Stanley currently has $4.00 price objective on the stock, down from their prior price objective of $7.00.
Other equities analysts also recently issued reports about the company. Zacks Investment Research downgraded Charah Solutions from a hold rating to a sell rating in a research note on Tuesday, July 30th. ValuEngine upgraded Charah Solutions from a hold rating to a buy rating in a research note on Friday.
NYSE:CHRA opened at $3.28 on Friday. The company has a market capitalization of $97.04 million, a price-to-earnings ratio of 3.57 and a beta of -0.29. Charah Solutions has a one year low of $3.18 and a one year high of $8.76. The stock has a 50-day simple moving average of $5.21 and a 200 day simple moving average of $5.99. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.47 and a current ratio of 0.91.
Charah Solutions Company Profile
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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