NPK International Inc. (NYSE:NPKI – Get Free Report) Director Michael Lewis sold 2,013 shares of NPK International stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $15.30, for a total transaction of $30,798.90. Following the completion of the transaction, the director owned 129,320 shares of the company’s stock, valued at $1,978,596. This represents a 1.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NPK International Stock Up 1.0%
NYSE NPKI traded up $0.15 on Tuesday, hitting $15.26. 931,112 shares of the stock were exchanged, compared to its average volume of 756,027. The company has a quick ratio of 1.40, a current ratio of 1.58 and a debt-to-equity ratio of 0.02. NPK International Inc. has a fifty-two week low of $7.63 and a fifty-two week high of $16.50. The company has a market cap of $1.29 billion, a PE ratio of 33.17 and a beta of 1.30. The company has a 50-day moving average price of $14.68 and a 200-day moving average price of $13.65.
NPK International (NYSE:NPKI – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. NPK International had a net margin of 13.71% and a return on equity of 10.56%. The company had revenue of $75.07 million during the quarter. Sell-side analysts anticipate that NPK International Inc. will post 0.54 EPS for the current fiscal year.
Institutional Investors Weigh In On NPK International
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. B. Riley Financial reiterated a “buy” rating on shares of NPK International in a report on Monday, May 4th. Weiss Ratings lowered NPK International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.17.
View Our Latest Research Report on NPKI
NPK International Company Profile
NPK International, Inc (NYSE: NPKI) is a specialty chemical distributor supplying a broad range of industrial and performance materials across diverse end-markets. Its product portfolio includes acetic acid and derivatives, alcohols, ketones, esters, glycol ethers, glycols, specialty solvents, select inorganic chemicals and crop-protection intermediates. These materials serve industries such as coatings, adhesives and sealants, oil and gas, personal care, pharmaceuticals, agrochemicals and water treatment.
The company places a strong emphasis on supply-chain security and technical service, maintaining warehousing, logistics support and laboratory capabilities at its regional distribution centers.
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