Texxon (NASDAQ:NPT – Get Free Report) released its earnings results on Tuesday. The company reported ($0.02) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $163.50 million for the quarter.
Texxon Trading Up 6.6%
Shares of NPT stock traded up $0.15 on Tuesday, hitting $2.41. 17,375 shares of the stock traded hands, compared to its average volume of 1,973,886. The firm’s 50-day moving average price is $2.00 and its two-hundred day moving average price is $5.63. Texxon has a twelve month low of $1.14 and a twelve month high of $22.38.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of Texxon from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Texxon presently has a consensus rating of “Sell”.
Texxon Company Profile
Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.
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