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down 32.27 %

HORSEHEAD HOLDING CORP (ZINC) rated Buy with price target $14 by Ascendiant Capital Markets

Posted on: Tuesday,  Feb 26, 2013  8:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy HORSEHEAD HOLDING CORP (NASDAQ: ZINC) on 02/26/2013, when the stock price was $11.00.
Since then, HORSEHEAD HOLDING CORP has lost 32.27% as of 01/25/2016's recent price of $7.45.
If you would have followed this Ascendiant Capital Markets's recommendation on ZINC, you would have lost 32.27% of your investment in 1063 days.

Horsehead Holding Corp. (HHC) is a producer of zinc and zinc-based products with production and/or recycling operations at six facilities in five states. The Company also owns and operates on its premises a 110-megawatt, coal-fired power plant that provides it with a source of electricity and allows the Company to sell approximately one-fifth of its capacity. Its products are used in a variety of applications, including in the galvanizing of fabricated steel products and as components in rubber tires, alkaline batteries, paint, chemicals and pharmaceuticals. It is a refiner of zinc oxide and prime western (PW) zinc metal, a grade of zinc containing a minimum of 98.5% zinc, in North America. The Company is a recycler of electric arc furnace (EAF) dust, a hazardous waste produced by the steel mini-mill manufacturing process. During the year ended December 31, 2008, the Company sold approximately 307.9 million pounds of zinc products.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/26/2013 8:25 AM Buy
11.00 14.00
as of 12/13/2013
1 Week up  0.77 %
1 Month up  1.28 %
3 Months up  6.91 %
1 YTD up  29.27 %

(*) Stock Price at the time of the recommendation.
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