Weiss Ratings Reiterates "Sell (D+)" Rating for Northern Technologies International (NASDAQ:NTIC)

Key Points

• Weiss Ratings has reiterated a "sell (D+)" rating for Northern Technologies International (NASDAQ:NTIC), indicating ongoing concerns about the stock's performance.
• Despite the "sell" rating from Weiss Ratings, Wall Street Zen has upgraded NTIC from a "sell" to a "hold" rating, reflecting differing opinions among analysts.
• Northern Technologies International's current stock price is $7.81, with a 52-week low of $6.75 and a high of $15.09, highlighting significant price volatility over the past year.

Northern Technologies International (NASDAQ:NTIC - Get Free Report)'s stock had its "sell (d+)" rating reiterated by Weiss Ratings in a report released on Saturday,Weiss Ratings reports.

Separately, Wall Street Zen raised shares of Northern Technologies International from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of "Sell".

Northern Technologies International Stock Up 0.1%

Shares of NASDAQ:NTIC opened at $7.81 on Friday. Northern Technologies International has a 52-week low of $6.75 and a 52-week high of $15.09. The company has a 50 day moving average of $7.67 and a two-hundred day moving average of $7.62. The company has a market capitalization of $73.96 million, a price-to-earnings ratio of 26.03 and a beta of 0.31.

Institutional Trading of Northern Technologies International

A number of hedge funds have recently made changes to their positions in the stock. Dynamic Advisor Solutions LLC grew its position in shares of Northern Technologies International by 28.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 86,932 shares of the specialty chemicals company's stock worth $670,000 after buying an additional 19,177 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of Northern Technologies International by 1,124.1% during the second quarter. Osaic Holdings Inc. now owns 3,501 shares of the specialty chemicals company's stock worth $26,000 after buying an additional 3,215 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Northern Technologies International during the second quarter worth approximately $190,000. RBF Capital LLC grew its position in shares of Northern Technologies International by 164.0% during the second quarter. RBF Capital LLC now owns 64,390 shares of the specialty chemicals company's stock worth $477,000 after buying an additional 40,000 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Northern Technologies International during the second quarter worth approximately $88,000. Institutional investors and hedge funds own 32.88% of the company's stock.

About Northern Technologies International

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting solutions in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand.

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