NPK International Inc. (NYSE:NPKI) VP Sells $81,319.52 in Stock

NPK International Inc. (NYSE:NPKI - Get Free Report) VP Lori Briggs sold 9,704 shares of NPK International stock in a transaction on Friday, June 6th. The stock was sold at an average price of $8.38, for a total value of $81,319.52. Following the completion of the transaction, the vice president now owns 268,631 shares in the company, valued at $2,251,127.78. The trade was a 3.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

NPK International Stock Performance

NYSE:NPKI traded up $0.23 during trading hours on Wednesday, hitting $8.47. 1,118,228 shares of the company's stock traded hands, compared to its average volume of 778,269. The stock has a fifty day moving average price of $7.05. The stock has a market cap of $715.91 million, a price-to-earnings ratio of -4.63 and a beta of 2.12. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.00 and a current ratio of 2.29. NPK International Inc. has a twelve month low of $4.76 and a twelve month high of $8.66.

NPK International (NYSE:NPKI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.04. The firm had revenue of $64.78 million for the quarter, compared to analyst estimates of $56.01 million. NPK International had a negative net margin of 28.47% and a positive return on equity of 5.93%. On average, equities research analysts predict that NPK International Inc. will post 0.39 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. B. Riley started coverage on shares of NPK International in a research report on Thursday, March 27th. They issued a "buy" rating and a $11.00 target price on the stock. HC Wainwright reaffirmed 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.