Northern Technologies International Co. (NASDAQ:NTIC)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $24.02 and last traded at $24.02, with a volume of 554 shares traded. The stock had previously closed at $24.55.
Separately, ValuEngine raised shares of Northern Technologies International from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.
The stock has a market capitalization of $113.50 million, a P/E ratio of 17.48 and a beta of 1.08.
Institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE acquired a new stake in shares of Northern Technologies International in the fourth quarter worth $204,000. FMR LLC increased its position in shares of Northern Technologies International by 19.9% in the third quarter. FMR LLC now owns 36,704 shares of the specialty chemicals company’s stock worth $1,274,000 after acquiring an additional 6,098 shares in the last quarter. Quantum Capital Management grew its holdings in Northern Technologies International by 10.5% during the 4th quarter. Quantum Capital Management now owns 49,737 shares of the specialty chemicals company’s stock valued at $1,472,000 after purchasing an additional 4,722 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Northern Technologies International by 43.6% during the 3rd quarter. Renaissance Technologies LLC now owns 59,900 shares of the specialty chemicals company’s stock valued at $2,079,000 after purchasing an additional 18,200 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Northern Technologies International by 1.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 172,473 shares of the specialty chemicals company’s stock valued at $5,103,000 after purchasing an additional 1,773 shares in the last quarter. 30.24% of the stock is owned by institutional investors.
WARNING: “Northern Technologies International (NTIC) Reaches New 12-Month Low at $24.02” was first posted by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.com-unik.info/2019/04/16/northern-technologies-international-ntic-reaches-new-12-month-low-at-24-02.html.
Northern Technologies International Company Profile (NASDAQ:NTIC)
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets. 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.
Recommended Story: Why is the LIBOR significant?
Receive News & Ratings for Northern Technologies International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Technologies International and related companies with MarketBeat.com's FREE daily email newsletter.