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Raven Industries (NASDAQ:RAVN)’s share price hit a new 52-week low on Thursday , reports. The company traded as low as $27.75 and last traded at $28.15, with a volume of 42,448 shares traded. The stock had previously closed at $28.61.

A number of analysts have recently weighed in on RAVN shares. Analysts at Zacks reiterated a “neutral” rating on shares of Raven Industries in a research note on Friday, May 23rd. They now have a $31.00 price target on the stock.

The stock’s 50-day moving average is $31.59 and its 200-day moving average is $33.30. The company has a market cap of $1.015 billion and a P/E ratio of 26.25.

Raven Industries (NASDAQ:RAVN) last issued its quarterly earnings data on Wednesday, May 21st. The company reported $0.30 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.33 by $0.03. The company had revenue of $102.50 million for the quarter, compared to the consensus estimate of $102.77 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. On average, analysts predict that Raven Industries will post $1.21 earnings per share for the current fiscal year.

Raven Industries, Inc is an industrial manufacturer providing a variety of products. The Company markets its products worldwide and has its principal operations in the United States of America.

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