Neo Performance Materials (OTCMKTS:NOPMF) Posts Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Neo Performance Materials (OTCMKTS:NOPMFGet Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.15, Zacks reports. Neo Performance Materials had a positive return on equity of 5.05% and a negative net margin of 2.09%.

Neo Performance Materials Price Performance

NOPMF stock traded down $0.53 during trading on Tuesday, reaching $21.07. 3,177 shares of the company were exchanged, compared to its average volume of 23,178. The company has a 50-day moving average of $17.71 and a two-hundred day moving average of $14.84. The company has a market capitalization of $883.68 million and a price-to-earnings ratio of -81.04. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.24 and a quick ratio of 1.18. Neo Performance Materials has a twelve month low of $6.60 and a twelve month high of $23.10.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets assumed coverage on shares of Neo Performance Materials in a research report on Friday, February 20th. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on NOPMF

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.

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