Neo Performance Materials (OTCMKTS:NOPMF) Shares Gap Down – What’s Next?

Neo Performance Materials Inc. (OTCMKTS:NOPMF) shares gapped down prior to trading on Wednesday . The stock had previously closed at $13.95, but opened at $13.35. Neo Performance Materials shares last traded at $13.7775, with a volume of 9,278 shares traded.

Analyst Ratings Changes

Separately, Zacks Research raised Neo Performance Materials to a “hold” rating in a report on Thursday, November 6th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Neo Performance Materials Stock Up 3.2%

The firm has a market cap of $577.62 million and a PE ratio of -81.68. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.24 and a quick ratio of 1.18. The business has a fifty day moving average price of $12.21 and a two-hundred day moving average price of $12.67.

Neo Performance Materials (OTCMKTS:NOPMF) last announced its quarterly earnings data on Friday, November 14th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. The firm had revenue of $122.21 million during the quarter, compared to analyst estimates of $109.50 million. Neo Performance Materials had a positive return on equity of 3.71% and a negative net margin of 1.30%.

Neo Performance Materials Company Profile

Neo Performance Materials Inc is a global supplier of advanced materials, specializing in the production and processing of rare earth and rare metal–based functional materials. Headquartered in Toronto, Canada, the company serves diverse high-tech markets by developing proprietary compounds and alloys that deliver key performance attributes in demanding applications. Its product portfolio includes magnetic powders, rare earth oxides and metals, phosphors, metal alloys, precious metal chemical compounds, and performance catalysts.

Neo Performance Materials operates through distinct business segments focused on Rare Earth & Magnetic Solutions, Advanced Industrial Materials, and Precious Metals & Chemicals.