Enviri Co. (NYSE:NVRI) CFO Purchases $25,742.34 in Stock
Enviri Co. (NYSE:NVRI – Get Free Report) CFO Peter Francis Minan acquired 3,667 shares of the business's stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average…
From the Equity Insider archive. This article dates from Aug 13, 2023 and is preserved as first published.
Enviri Co. (NYSE:NVRI – Get Free Report) CFO Peter Francis Minan acquired 3,667 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average cost of $7.02 per share, for a total transaction of $25,742.34. Following the completion of the purchase, the chief financial officer now directly owns 293,947 shares in the company, valued at approximately $2,063,507.94. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Enviri Trading Up 4.1 %
NVRI stock traded up $0.29 during midday trading on Friday, hitting $7.35. 737,518 shares of the company traded hands, compared to its average volume of 522,589. The company has a quick ratio of 1.22, a current ratio of 1.36 and a debt-to-equity ratio of 2.20. Enviri Co. has a twelve month low of $3.73 and a twelve month high of $10.01. The company has a market cap of $586.16 million, a PE ratio of -10.23 and a beta of 2.02.
737,518 shares of the company traded hands, compared to its average volume of 522,589.
Enviri (NYSE:NVRI – Get Free Report) last announced its earnings results on Wednesday, August 2nd. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.03. Enviri had a negative net margin of 2.82% and a negative return on equity of 0.39%. The firm had revenue of $520.17 million for the quarter, compared to the consensus estimate of $497.43 million. During the same quarter last year, the firm posted $0.01 EPS. The business’s quarterly revenue was up 8.1% on a year-over-year basis. Equities analysts predict that Enviri Co. will post -0.16 EPS for the current year.
About Enviri
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 Harsco 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 produces value-added downstream products from industrial waste-stream.
