NPK International Inc. (NYSE:NPKI - Get Free Report) Director John C. Minge acquired 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average price of $5.38 per share, for a total transaction of $53,800.00. Following the completion of the transaction, the director now owns 230,287 shares of the company's stock, valued at $1,238,944.06. The trade was a 4.54 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
NPK International Price Performance
Shares of NYSE:NPKI opened at $5.63 on Friday. The company has a quick ratio of 2.00, a current ratio of 2.29 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $486.98 million, a P/E ratio of -3.08 and a beta of 2.89. NPK International Inc. has a 52 week low of $5.33 and a 52 week high of $8.65.
NPK International (NYSE:NPKI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. NPK International had a positive return on equity of 5.93% and a negative net margin of 28.47%. The business had revenue of $57.52 million during the quarter, compared to analysts' expectations of $59.67 million. Equities research analysts predict that NPK International Inc. will post 0.39 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright restated a "buy" rating and issued a $12.00 price objective on shares of NPK International in a report on Friday, February 28th.
Check Out Our Latest Analysis on NPK International
NPK International Company Profile
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NPK International Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.
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