Northern Technologies International Corp Hits New 52-Week High at $16.13 (NTIC)
Shares of Northern Technologies International Corp (NASDAQ:NTIC) hit a new 52-week high during trading on Wednesday, AR Network reports. The stock traded as high as $16.13 and last traded at $16.12, with a volume of 15,612 shares trading hands. The stock had previously closed at $16.00.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Northern Technologies International Corp (NASDAQ:NTIC) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 3rd. They now have a $16.60 price target on the stock. Separately, analysts at Sidoti initiated coverage on shares of Northern Technologies International Corp (NASDAQ:NTIC) in a research note to investors on Monday, August 12th. They set a “buy” rating on the stock.
Northern Technologies International Corp has a 1-year low of $9.68 and a 1-year high of $16.45. The stock’s 50-day moving average is $14.97 and its 200-day moving average is $12.47. The company has a market cap of $72.0 million and a price-to-earnings ratio of 32.65.
Northern Technologies International Corp (NASDAQ:NTIC) last released its earnings data on Thursday, July 11th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.05. The company had revenue of $5.88 million for the quarter, compared to the consensus estimate of $7.00 million. On average, analysts predict that Northern Technologies International Corp will post $0.76 earnings per share for the current fiscal year.
Northern Technologies International Corporation (NASDAQ:NTIC) develops and markets environmentally beneficial products and services in over 55 countries either directly or through a network of joint ventures, independent distributors and agents.
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