Stericycle (SRCL) has been under a strong bear grip, hence the stock is down -4.25% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.59% in the past 1 week. The stock has risen by 0.75% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.77% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.3% and the 50-Day Moving Average is 7.77%.The 200 Day SMA reached 24.03%
Stericycle (NASDAQ:SRCL): The stock opened in the green at $80.64 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $80.91 and a low of $79.6 for the day. The stock did not find buyers even at the lows and closed at $80.14 recording a loss of -0.45%. 1,389,965 shares exchanged hands during the trading day. The stock had closed at $80.14 in the previous days trading.
Stericycle (SRCL) : The highest level Stericycle (SRCL) is projected to reach is $158 for the short term and the lowest estimate is at $77. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $102.5 and the possibility the share price can swing is $27.77.
Stericycle, Inc. is engaged in the business of providing regulated and compliance solutions to healthcare and commercial businesses. The Companys solutions include the collection and processing of specialized waste for disposal, and a variety of training, consulting, recall/return, communication, and compliance services, which include training, consulting, inbound/outbound communications, data reporting, and other regulatory compliance services. The Company operates regulated waste management networks in the United States, Argentina, Brazil, Canada, Chile, Ireland, Japan, Mexico, Portugal, Romania, South Korea, Spain, and the United Kingdom. The Company operates through two segments: United States and International. The Companys networks include a total of 181 processing facilities, 214 transfer sites, and 97 other service facilities. Its regulated waste processing technology is primarily autoclaving. The Company also uses incineration and electro-thermal-deactivation system (ETD).