Stericycle (NASDAQ:SRCL) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Stericycle (NASDAQ:SRCL) in a research note released on Monday morning. The brokerage issued a hold rating on the business services provider’s stock.

Stericycle Price Performance

NASDAQ:SRCL opened at $61.98 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.20 and a quick ratio of 1.13. Stericycle has a 1-year low of $37.78 and a 1-year high of $61.99. The company has a 50-day moving average of $60.95 and a 200 day moving average of $57.00. The firm has a market cap of $5.75 billion, a PE ratio of 163.11, a price-to-earnings-growth ratio of 3.38 and a beta of 1.10.

Hedge Funds Weigh In On Stericycle

A number of large investors have recently bought and sold shares of SRCL. Clearstead Trust LLC purchased a new position in shares of Stericycle in the 1st quarter valued at $25,000. International Assets Investment Management LLC purchased a new stake in Stericycle during the second quarter valued at approximately $45,000. Headlands Technologies LLC acquired a new stake in Stericycle in the first quarter valued at approximately $44,000. Quest Partners LLC grew its holdings in Stericycle by 4,172.7% in the second quarter. Quest Partners LLC now owns 940 shares of the business services provider’s stock worth $55,000 after purchasing an additional 918 shares during the last quarter. Finally, Summit Securities Group LLC purchased a new position in Stericycle in the second quarter worth $58,000. Institutional investors own 98.82% of the company’s stock.

About Stericycle

Stericycle, Inc, together with its subsidiaries, provides regulated waste and compliance services in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including regulated medical waste, sharps waste management and disposal, pharmaceutical waste management and disposal, chemotherapy waste and disposal, controlled substance waste disposal, healthcare hazardous waste, and integrated waste stream solutions; specialty services, such as MedDrop medication collection kiosks, safe community solutions, SafeDrop sharps mailback solutions, and airport and maritime waste services; medical supply store services, that includes sharps and disposable biohazardous waste containers, infection control supplies, and seal&send medication mail back; and compliance solutions including Steri-Safe compliance solutions.