Neo Performance Materials (OTCMKTS:NOPMF) Stock Price Up 7.8% – What’s Next?

Neo Performance Materials Inc. (OTCMKTS:NOPMFGet Free Report)’s stock price shot up 7.8% on Wednesday . The stock traded as high as $25.0725 and last traded at $24.91. 1,190 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 22,744 shares. The stock had previously closed at $23.11.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets reissued an “outperform” rating on shares of Neo Performance Materials in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on Neo Performance Materials

Neo Performance Materials Trading Down 4.2%

The company has a current ratio of 2.24, a quick ratio of 1.18 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $1.14 billion and a price-to-earnings ratio of -95.08. The firm’s 50-day moving average is $19.00 and its 200 day moving average is $15.90.

Neo Performance Materials (OTCMKTS:NOPMFGet Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.15. The firm had revenue of $154.96 million during the quarter, compared to the consensus estimate of $127.33 million. Neo Performance Materials had a negative net margin of 1.98% and a positive return on equity of 7.85%. On average, equities analysts predict that Neo Performance Materials Inc. will post 0.92 earnings per share for the current fiscal year.

Neo Performance Materials Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Neo Performance Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neo Performance Materials and related companies with MarketBeat.com's FREE daily email newsletter.