NPK International (NYSE:NPKI) Sets New 1-Year Low – Should You Sell?

NPK International Inc. (NYSE:NPKI)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $5.73 and last traded at $5.99, with a volume of 155065 shares traded. The stock had previously closed at $6.35.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a “buy” rating and set a $12.00 price objective on shares of NPK International in a report on Friday.

NPK International Trading Up 1.7 %

The company has a debt-to-equity ratio of 0.02, a current ratio of 2.29 and a quick ratio of 2.00. The firm has a market capitalization of $527.63 million, a PE ratio of -3.33 and a beta of 2.89.

NPK International (NYSE:NPKI) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The business had revenue of $57.52 million during the quarter, compared to analyst estimates of $59.67 million. NPK International had a positive return on equity of 5.93% and a negative net margin of 28.47%. As a group, analysts predict that NPK International Inc. will post 0.39 EPS for the current year.

About NPK International

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.