58.05 0.00 (0.00%)
After hours: 4:19PM EDT
|Bid||58.10 x 800|
|Ask||57.95 x 1000|
|Day's Range||56.51 - 58.13|
|52 Week Range||29.45 - 88.40|
|Beta (5Y Monthly)||1.52|
|PE Ratio (TTM)||30.08|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Acquisition strategy to expand business and enter new markets and operational efficiency initiatives are positives for Clean Harbors (CLH). However, its balance sheet remains debt laden.
(Bloomberg) -- Shares in South African gambling and leisure companies shot up on Thursday after the government surprised traders by announcing plans to ease Covid-19 lockdown restrictions on the sector earlier than investors expected.Tsogo Sun Gaming Ltd. was 30% higher as of 3:06 p.m. in Johannesburg, with Sun International Ltd. up 23%, City Lodge Hotels Ltd. advancing 21% and Tsogo Sun Hotels Ltd. climbing 18%. President Cyril Ramaphosa said Wednesday night that gambling establishments, hotels, restaurants, beauty salons and theaters will be allowed to reopen, as long as they stick to strict health protocols. He didn’t specify a date.“The leisure sector is indeed getting a benefit from the easing of the lockdown, because in the general recovery since the March lows, it has been seen as unlikely to open quickly, and lagged behind,” said Stephen Meintjes, head of research at Momentum Securities in Johannesburg.A local index of travel and leisure companies had sunk 55% percent this year before Ramaphosa spoke, making it the worst-performing industry segment. The country entered a lockdown on March 27, which the government is gradually relaxing, even as the pace of new infections continues to rise. “Some investors were expecting this sector to experience a lockdown right till the end,” said Casparus Treurnicht, a fund manager at Gryphon Asset Management in Cape Town.South Africa has 80,412 confirmed coronavirus infections and 1,674 fatalities, with the number of cases currently doubling about every 12 days. There have been more than 2,100 new cases daily for the past 14 days, a proliferation that in part reflects increased testing.Thursday’s stock gains indicate “improved sentiment toward business that are opening up again,” said Michele Santangelo, a money manager at Independent Securities in Johannesburg. “Importantly, there are the first signs that many of these businesses that have been decimated under the lockdown are coming out of the worst.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Clean Harbors (CLH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Clean Harbors, Inc. (NYSE:CLH) just released its quarterly report and things are looking bullish. It was overall a...
When Clean Harbors, Inc. (NYSE:CLH) released its most recent earnings update (31 December 2019), I compared it against...
Unfortunately for some shareholders, the Clean Harbors (NYSE:CLH) share price has dived 55% in the last thirty days...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...
Clean Harbors' (CLH) acquisition strategy to expand business and enter new markets is a positive. However, high debt may limit its future expansion and worsen risk profile.
In this article we are going to estimate the intrinsic value of Clean Harbors, Inc. (NYSE:CLH) by taking the foreast...
Today we'll evaluate Clean Harbors, Inc. (NYSE:CLH) to determine whether it could have potential as an investment...
The waste removal services industry has encouraging prospects on rising environmental awareness, rapid industrialization and urbanization, and growing adoption of technology.
Some Clean Harbors, Inc. (NYSE:CLH) shareholders may be a little concerned to see that insider George Curtis recently...
Clean Harbors (CLH) delivered earnings and revenue surprises of -2.70% and 2.46%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?