BioHiTech Global, Inc. (BHTG) entered into a contract with a national waste management services company

On Monday, BioHiTech Global, Inc. (BHTG) noted an up move of 7.55% in most recent trading session with finishing price of $1.71. The company negotiated 26726 shares compared to an average volume of 16.73K shares. EPS growth for this year is -10.20% and EPS growth for next year is estimated to reach at 97.10%. The stock as of last trading session moved at 9.62% from its 52-week low and was trading at -50.43% to its 52-week high.

BioHiTech Global, Inc. (NASDAQ: BHTG) recently reported that it has entered into a contract with a national waste management services company to help a leading international automobile manufacturer achieve sustainability goals at one of its North American vehicle production plants (the “Production Plant”).

“We are excited to partner with this national waste services company and its consumer to help achieve their important sustainability goals,” stated Frank E. Celli, CEO of BioHiTech Global.  “Our Martinsburg Facility offers several key environmental benefits including up to an 80% reduction in landfill usage, the cost-effective transformation of municipal waste (including non-recyclable plastics) into a renewable fuel that is cleaner burning than coal, and a important reduction in greenhouse gasses associated with traditional disposal. These environmental benefits are why companies like these are seeking to deviate from the norm and join us to forge a new, more sustainable approach to waste disposal in the United States.  We look forward to replicating this model with other like-minded companies at our Martinsburg facility as well as our future facilities in the years to come.”

Analyst recommendation for this stock stands at 2. The volatility in the previous week has experienced by 4.26% and observed of 4.95% in the previous month. 2.30% ownership is held by institutional investors while insiders hold ownership of 11.40%. In the trailing 12 months period, return on assets ratio of the Company was -18.30% and return on equity ratio was 447.00% while its return on investment ratio was -31.90%.

 

Zachary Harrison

Zachary Harrison Healthcare Reporter I am an outstanding Healthcare writer, and analyst. Before I joined News Billion, I already was a well-known business analyst. I wrote an analysis of the market for famous financial outlets. My research articles were easy to understand, full of details and objective. I believe that every community, regardless of size, deserves top-notch news coverage from my online news portal. That principle guides the decisions I makes in daily news coverage. Mailing address: 936 Watkins Farm Road, Nicholson, GA 30565, USA Zip code: 30565 Phone number: 517-788-1142 Email: [email protected]

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