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Harsco Corporation Slumps: HSC Falls 10.2% in Session
March 04, 2014

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Harsco Corporation (HSC - Free Report) saw a big move last session, as the company’s shares fell by over 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for HSC, as the stock is now down almost 12% since Feb 20, 2014.
This slump shouldn’t be too much of a surprise to investors, as the industrial services providing company has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
HSC currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the industrial products space include Ball Corporation (BLL - Free Report) , HollySys Automation Technologies, Ltd. (HOLI - Free Report) and ScanSource, Inc. (SCSC - Free Report) . While Ball Corporation and HollySys Automation carry a Zacks Rank #1 (Strong Buy), ScanSource holds a Zacks Rank #2 (Buy).
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