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 trading hands. The stock had previously closed at $6.35.

Analysts Set New Price Targets

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $12.00 price target on shares of NPK International in a research report on Friday.

NPK International Price Performance

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

NPK International (NYSE:NPKI) last released its earnings results on Wednesday, February 26th. The company reported $0.08 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.08. NPK International had a positive return on equity of 5.93% and a negative net margin of 28.47%. The business had revenue of $57.52 million for the quarter, compared to the consensus estimate of $59.67 million. Sell-side 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.