Sotera Health (NASDAQ:SHC - Get Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $9.61 and last traded at $9.80, with a volume of 1977761 shares changing hands. The stock had previously closed at $10.23.
Analyst Upgrades and Downgrades
Separately, Barclays reduced their target price on shares of Sotera Health from $16.00 to $12.00 and set an "overweight" rating on the stock in a report on Thursday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $15.20.
Read Our Latest Analysis on Sotera Health
Sotera Health Stock Performance
The company has a debt-to-equity ratio of 4.91, a quick ratio of 2.61 and a current ratio of 2.88. The stock has a fifty day simple moving average of $12.15 and a two-hundred day simple moving average of $13.50. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 42.02 and a beta of 1.88.
Institutional Trading of Sotera Health
Several large investors have recently modified their holdings of SHC. Blue Trust Inc. boosted its stake in Sotera Health by 164.3% during the fourth quarter. Blue Trust Inc. now owns 1,834 shares of the company's stock worth $25,000 after acquiring an additional 1,140 shares in the last quarter. Quarry LP acquired a new position in Sotera Health during the 4th quarter worth approximately $28,000. GAMMA Investing LLC boosted its holdings in Sotera Health by 37.5% in the fourth quarter. GAMMA Investing LLC now owns 4,109 shares of the company's stock worth $56,000 after acquiring an additional 1,121 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Sotera Health by 37.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,975 shares of the company's stock valued at $82,000 after acquiring an additional 1,640 shares during the period. Finally, Sterling Capital Management LLC lifted its holdings in shares of Sotera Health by 58.5% in the 4th quarter. Sterling Capital Management LLC now owns 9,029 shares of the company's stock worth $124,000 after purchasing an additional 3,331 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.
About Sotera Health
(
Get Free Report)
Sotera Health Company engages in the provision of sterilization, lab testing, and advisory services in the United States and internationally. The company operates through three segments: Sterigenics, Nordion, and Nelson Labs. It provides mission-critical end-to-end sterilization services, including gamma and electron beam irradiation, and ethylene oxide processing, as well as designs, installs, and maintains gamma irradiation systems.
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