Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Clean Harbors Inc before investing.

In this article, we go over a few key elements for understanding Clean Harbors Inc’s stock price such as:

• Clean Harbors Inc’s current stock price and volume
• Why Clean Harbors Inc’s stock price changed recently
• Upgrades and downgrades for CLH from analysts
• CLH’s stock price momentum as measured by its relative strength

About Clean Harbors Inc (CLH)

Before we jump into Clean Harbors Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Clean Harbors, Inc. is a provider of environmental and industrial services throughout North America. The Company is also the re-refiner and recycler of used oil in North America and the provider of cleaning parts and related environmental services to commercial, industrial, and automotive customers in North America. Its segments include Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats and disposes of hazardous and non-hazardous waste, including resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemical disposal, explosives management and CleanPack services. The Safety-Kleen Sustainability Solutions segment manufactures, formulates, packages, distributes, and markets lubricants that provide its customers with a sustainable solution to their oil demands. The used oil collected is processed or re-refined to convert into a variety of products.

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Clean Harbors Inc’s Stock Price as of Market Close

As of October 13, 2023, 4:00 PM, CST, Clean Harbors Inc’s stock price was $159.40.

Clean Harbors Inc is down 0.22% from its previous closing price of $159.75.

During the last market session, Clean Harbors Inc’s stock traded between $159.63 and $167.69. Currently, there are 54.09 million shares of Clean Harbors Inc stock available for purchase.

Clean Harbors Inc’s price-earnings (P/E) ratio is currently at 21.4, which is low compared to the Environmental Services & Equipment industry median of 28.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Clean Harbors Inc Stock Price History

Clean Harbors Inc’s (CLH) price is currently down 4.76% so far this month.

During the month of October, Clean Harbors Inc’s stock price has reached a high of $167.78 and a low of $157.56.

Over the last year, Clean Harbors Inc has hit prices as high as $178.33 and as low as $109.07. Year to date, Clean Harbors Inc’s stock is up 59.77%.

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What Caused Clean Harbors Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of October 12, 2023, there were 0 analysts who downgraded Clean Harbors Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Clean Harbors Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Clean Harbors Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Clean Harbors Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Clean Harbors Inc (CLH) by visiting AAII Stock Evaluator.

Relative Price Strength of Clean Harbors Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of October 12, 2023, Clean Harbors Inc has a weighted four-quarter relative price strength of 3.28%, which translates to a Momentum Score of 80 and is considered to be Strong.

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Clean Harbors Inc Stock Price: Bottom Line

As of October 13, 2023, Clean Harbors Inc’s stock price is $159.40, which is down 0.22% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Clean Harbors Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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