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Meros Investment Management Adds Position in Enviri as EPS Misses

Enviri Corporation logoEnviri Corporation
Sig1.35Sen-0.85Env0.00Soc0.00Gov+0.20

Meros Investment Management LP bought a new position in Enviri Corporation, adding 288,617 shares worth about $6.34 million, while other funds also purchased new stakes. The company reported quarterly EPS of ($0.63), missing the ($0.31) consensus, and it recently paid a dividend on June 1. Overall, institutional ownership increases accompany weaker earnings.

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