NRC Group (NYSEAMERICAN:NRCG) Rating Lowered to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of NRC Group (NYSEAMERICAN:NRCG) from a hold rating to a sell rating in a report published on Wednesday morning, reports.

According to Zacks, “NRC Group Holdings Corp. is a provider of comprehensive environmental, compliance and waste management services to the marine and rail transportation, general industrial and energy markets. NRC Group Holdings Corp., formerly known as Hennessy Capital Acquisition Corp. III, is based in NY, United States. “

Separately, Stifel Nicolaus started coverage on GENFIT S A/ADR in a report on Tuesday, June 25th. They issued a hold rating for the company.

NRCG stock opened at $11.83 on Wednesday. NRC Group has a 1-year low of $6.41 and a 1-year high of $11.84.

NRC Group (NYSEAMERICAN:NRCG) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($0.24) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.21). The firm had revenue of $100.49 million during the quarter, compared to analysts’ expectations of $84.00 million.

A hedge fund recently bought a new stake in NRC Group stock. Millennium Management LLC purchased a new stake in shares of NRC Group Holdings Corp (NYSEAMERICAN:NRCG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 111,856 shares of the company’s stock, valued at approximately $856,000. Millennium Management LLC owned 0.35% of NRC Group as of its most recent filing with the Securities & Exchange Commission.

About NRC Group

NRC Group Holdings Corp. provides various environmental, compliance, and waste management services. The company operates through four segments: Domestic Environmental Services, Sprint, Domestic Standby Services, and International Services. It provides industrial cleaning, hazardous waste packaging and management, waste transportation and disposal, salvage support, petroleum storage tank cleaning and removal, pipeline repair, land and marine based emergency response, specialized equipment rental, site remediation, and marine cleaning and marine services.

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