National Presto Industries (NYSE:NPK) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

National Presto Industries, Inc. (NYSE:NPK - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $91.60 and traded as high as $98.77. National Presto Industries shares last traded at $97.54, with a volume of 131,954 shares traded.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of National Presto Industries from a "buy" rating to a "hold" rating in a research note on Monday, May 12th.

National Presto Industries Stock Up 2.5%

The firm has a market capitalization of $717.79 million, a price-to-earnings ratio of 16.84 and a beta of 0.46. The company has a 50-day moving average price of $88.32 and a 200-day moving average price of $91.60.

National Presto Industries (NYSE:NPK - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The conglomerate reported $1.07 earnings per share (EPS) for the quarter. National Presto Industries had a return on equity of 11.97% and a net margin of 10.24%. The company had revenue of $103.64 million for the quarter.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NPK. GAMMA Investing LLC raised its position in National Presto Industries by 60.5% during the first quarter. GAMMA Investing LLC now owns 337 shares of the conglomerate's stock valued at $30,000 after acquiring an additional 127 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of National Presto Industries by 50.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate's stock valued at $36,000 after purchasing an additional 121 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in National Presto Industries by 64.6% in the fourth quarter. Lazard Asset Management LLC now owns 856 shares of the conglomerate's stock worth $84,000 after purchasing an additional 336 shares in the last quarter. AlphaQuest LLC boosted its holdings in National Presto Industries by 49.5% in the first quarter. AlphaQuest LLC now owns 1,501 shares of the conglomerate's stock worth $132,000 after purchasing an additional 497 shares in the last quarter. Finally, US Bancorp DE increased its position in National Presto Industries by 11.6% during the fourth quarter. US Bancorp DE now owns 1,616 shares of the conglomerate's stock worth $159,000 after buying an additional 168 shares during the last quarter. Institutional investors and hedge funds own 58.57% of the company's stock.

About National Presto Industries

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.