National Presto Industries, Inc. (NYSE:NPK - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as $108.41 and last traded at $108.00, with a volume of 77203 shares trading hands. The stock had previously closed at $104.90.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered National Presto Industries from a "buy" rating to a "hold" rating in a research report on Monday, May 12th.
Check Out Our Latest Research Report on NPK
National Presto Industries Trading Down 1.6%
The firm has a market cap of $775.99 million, a price-to-earnings ratio of 18.21 and a beta of 0.50. The stock has a 50-day moving average of $94.60 and a two-hundred day moving average of $92.71.
National Presto Industries (NYSE:NPK - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share for the quarter. The business had revenue of $103.64 million during the quarter. National Presto Industries had a return on equity of 11.97% and a net margin of 10.24%.
Institutional Investors Weigh In On National Presto Industries
Several hedge funds have recently bought and sold shares of the business. Medina Value Partners LLC bought a new position in shares of National Presto Industries in the 4th quarter valued at approximately $10,035,000. Gotham Asset Management LLC bought a new position in shares of National Presto Industries in the 4th quarter valued at approximately $4,469,000. Amanah Holdings Trust bought a new position in shares of National Presto Industries in the 2nd quarter valued at approximately $4,408,000. GAMMA Investing LLC raised its stake in shares of National Presto Industries by 14,007.6% in the 1st quarter. GAMMA Investing LLC now owns 29,626 shares of the conglomerate's stock valued at $2,604,000 after acquiring an additional 29,416 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of National Presto Industries by 8.0% in the 4th quarter. Vanguard Group Inc. now owns 364,775 shares of the conglomerate's stock valued at $35,901,000 after acquiring an additional 26,987 shares in the last quarter. 58.57% of the stock is owned by hedge funds and other institutional investors.
National Presto Industries Company Profile
(
Get Free Report)
National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.
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