NPK International (NYSE:NPKI) Reaches New 1-Year High - Should You Buy?

Shares of NPK International Inc. (NYSE:NPKI - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $8.66 and last traded at $8.53, with a volume of 182268 shares traded. The stock had previously closed at $8.39.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. B. Riley assumed coverage on shares of NPK International in a research note on Thursday, March 27th. They set a "buy" rating and a $11.00 target price on the stock. HC Wainwright reissued a "buy" rating and set a $12.00 target price on shares of NPK International in a research note on Monday, May 5th.

NPK International Stock Performance

The firm has a 50 day moving average price of $6.23. 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 stock has a market capitalization of $690.55 million, a price-to-earnings ratio of -4.46 and a beta of 2.08.

NPK International (NYSE:NPKI - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates 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 expect that NPK International Inc. will post 0.39 earnings per share for the current fiscal year.

Insider Activity at NPK International

In other NPK International news, Director Joseph A. Cutillo acquired 12,500 shares of the business's stock in a transaction on Thursday, May 8th. The stock was bought at an average price of $8.00 per share, for a total transaction of $100,000.00. Following the acquisition, the director now owns 12,500 shares in the company, valued at approximately $100,000. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John C. Minge acquired 10,000 shares of the business's stock in a transaction on Wednesday, March 5th. The stock was acquired at an average price of $5.38 per share, with a total value of $53,800.00. Following the acquisition, the director now owns 230,287 shares in the company, valued at $1,238,944.06. The trade was a 4.54% increase in their position. The disclosure for this purchase can be found here. 4.90% of the stock is currently owned by corporate insiders.

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.