Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Enviri Co. (NYSE:NVRI – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,410 shares of the company’s stock, valued at approximately $292,000.
Several other institutional investors have also added to or reduced their stakes in the business. Diversified Trust Co purchased a new stake in Enviri during the fourth quarter valued at about $104,000. Brookstone Capital Management purchased a new stake in shares of Enviri in the fourth quarter worth about $144,000. Arizona State Retirement System purchased a new stake in shares of Enviri in the fourth quarter worth about $201,000. State of Alaska Department of Revenue purchased a new stake in shares of Enviri in the fourth quarter worth about $442,000. Finally, D.B. Root & Company LLC purchased a new stake in shares of Enviri in the fourth quarter worth about $477,000. 93.43% of the stock is owned by hedge funds and other institutional investors.
Enviri Trading Up 0.5 %
Shares of Enviri stock opened at $8.09 on Friday. Enviri Co. has a 12-month low of $5.64 and a 12-month high of $10.01. The company has a market cap of $645.82 million, a price-to-earnings ratio of -7.49 and a beta of 2.10. The company has a current ratio of 1.26, a quick ratio of 1.13 and a debt-to-equity ratio of 2.44. The company’s 50-day moving average price is $8.27 and its 200-day moving average price is $7.76.
Enviri Company Profile
Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.
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