Neo Performance Materials Inc. (OTCMKTS:NOPMF – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $24.05 and last traded at $24.05, with a volume of 19288 shares trading hands. The stock had previously closed at $21.4440.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets reiterated an “outperform” rating on shares of Neo Performance Materials in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on NOPMF
Neo Performance Materials Stock Up 2.5%
Neo Performance Materials (OTCMKTS:NOPMF – Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.15. Neo Performance Materials had a positive return on equity of 7.85% and a negative net margin of 1.98%.The company had revenue of $154.96 million during the quarter, compared to the consensus estimate of $127.33 million. On average, research analysts predict that Neo Performance Materials Inc. will post 0.93 EPS for the current fiscal year.
Neo Performance Materials Company Profile
Neo Performance Materials Inc is a global supplier of advanced materials, specializing in the production and processing of rare earth and rare metal–based functional materials. Headquartered in Toronto, Canada, the company serves diverse high-tech markets by developing proprietary compounds and alloys that deliver key performance attributes in demanding applications. Its product portfolio includes magnetic powders, rare earth oxides and metals, phosphors, metal alloys, precious metal chemical compounds, and performance catalysts.
Neo Performance Materials operates through distinct business segments focused on Rare Earth & Magnetic Solutions, Advanced Industrial Materials, and Precious Metals & Chemicals.
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