Coverage Initiated on Select Waste Management Stocks

[ACCESSWIRE]

LONDON, UK / ACCESSWIRE / July 13, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Waste Management industry. Companies recently under review include Waste Connections, Republic Services, Stericycle, and Covanta Holding. See our complete notes on Waste Connections at:

http://www.activewallst.com/registration-3/?symbol=WCN

Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

The Waste Management segment is focused on all actions, regulations, and processes needed to dispose materials detrimental to one's health. This year, the industry can expect steady growth and increased revenue. Let us see how this is affecting some of the big names in the industry. Register with us now for your free membership and more at:

http://www.activewallst.com/register/

Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Waste Connections Inc. (NYSE: WCN)

Shares in The Woodlands, Texas headquartered integrated municipal solid waste services company, Waste Connections Inc., ended Tuesday's session at $72.68, which was a slight decline of 0.83%. The stock recorded a trading volume of 627,343 shares. The Company's shares have surged 13.99% in the previous three months and 29.63% since the start of this year. The stock is trading 3.38% and 19.74% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Waste Connections, which provides solid waste collection, transfer, disposal, and recycling services primarily in the U.S., have a Relative Strength Index (RSI) of 55.86.

On June 1, 2016, Waste Connections announced the issuance and sale of senior unsecured notes having an aggregate principal amount of $750 million USD and the execution and closing of a revolving credit and term loan agreement with Bank of America, N.A., as agent, and certain other lenders and financial institutions.

On June 17th, 2016, research firm Imperial Capital reiterated its 'Outperform' rating with an increase of the target price to $80 a share from $75 a share for the Company's stock.

Republic Services Inc. (NYSE: RSG)

Phoenix, Arizona-based Republic Services Inc.'s stock saw a slight drop of 0.65%, closing the day at $52.27 with a total volume of 1.11 million shares traded. The Company's shares have advanced 6.09% in the last month, 14.49% over the previous three months, and 20.28% on an YTD basis. The stock is trading 6.86% above its 50-day moving average and 15.61% above its 200-day moving average. Additionally, shares of Republic Services, which together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, and disposal services for commercial, industrial, municipal, and residential customers in the U.S. and Puerto Rico, have an RSI of 71.40.

On July 08, 2016, Republic Services announced, that the Solid Waste Association of North America (SWANA) has named Republic's Southern Nevada Recycling Center winner of the Gold Excellence Award in the Recycling Systems category. The award will be presented at SWANA's annual conference, WASTECON®, on August 23, 2016. Visit us today and access your complimentary notes on RSG at:

http://www.activewallst.com/registration-3/?symbol=RSG

Stericycle Inc. (NASDAQ: SRCL)

On Tuesday, shares in Lake Forest, Illinois headquartered Stericycle Inc. recorded a trading volume of 576,094 shares and ended the day 0.76% higher at $105.21. The stock has gained 5.13% in the past month. The Company's shares are trading above their 50-day moving average by 6.05%. Furthermore, shares of Stericycle, which together with its subsidiaries, provides regulated and compliance solutions to the healthcare, retail, and commercial businesses in the U.S. and globally, have an RSI of 63.63. The notes on SRCL are available for free at:

http://www.activewallst.com/registration-3/?symbol=SRCL

Covanta Holding Corp. (NYSE: CVA)

Morristown, New Jersey headquartered Covanta Holding Corp.'s stock rose 0.95%, finishing yesterday's session at $17.00. A total volume of 956,620 shares was traded, which was above their three months average volume of 929,700 shares. The Company's shares have advanced 5.89% in the last one month, 3.79% over the previous three months, and 13.14% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.19% and 9.64%, respectively. Additionally, shares of Covanta Holding, which through its subsidiaries, provide waste and energy services to municipal entities primarily in the U.S. and Canada, have an RSI of 61.19.

Covanta Holding will announce its second quarter results on Tuesday, July 26, 2016, and the company will host a conference call on Wednesday, July 27, 2016. In its previous earnings Covanta Holding reported that total revenue increased by $20 million from $383 million in Q1 2015 to $403 million. Complimentary notes on CVA are accessible at:

http://www.activewallst.com/registration-3/?symbol=CVA

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SOURCE: Active Wall Street