NPK International Inc. (NYSE:NPKI) Director Michael A. Lewis Sells 2,013 Shares

NPK International Inc. (NYSE:NPKI - Get Free Report) Director Michael A. Lewis sold 2,013 shares of NPK International stock in a transaction on Monday, June 16th. The stock was sold at an average price of $8.60, for a total value of $17,311.80. Following the completion of the sale, the director now directly owns 137,372 shares of the company's stock, valued at approximately $1,181,399.20. The trade was a 1.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

NPK International Stock Down 1.5%

NYSE:NPKI traded down $0.13 during mid-day trading on Tuesday, hitting $8.61. 679,008 shares of the company traded hands, compared to its average volume of 873,802. The company has a fifty day moving average of $7.27. NPK International Inc. has a one year low of $4.76 and a one year high of $8.88. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.37 and a current ratio of 2.60. The company has a market cap of $727.72 million, a price-to-earnings ratio of 27.31 and a beta of 2.12.

NPK International (NYSE:NPKI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.04. NPK International had a positive return on equity of 8.09% and a negative net margin of 42.71%. The business had revenue of $64.78 million during the quarter, compared to analyst estimates of $56.01 million. Equities analysts predict that NPK International Inc. will post 0.39 EPS for the current year.

Analyst Ratings Changes

NPKI has been the topic of a number of recent research reports. B. Riley began coverage on NPK International in a report on Thursday, March 27th. They issued a "buy" rating and a $11.00 target price on the stock. HC Wainwright reiterated a "buy" rating and issued a $12.00 price objective on shares of NPK International in a research note on Monday, May 5th.

NPK International Company Profile

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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