Neenah Paper Hits New 12-Month High at $54.94 (NP)
Shares of Neenah Paper (NYSE:NP) hit a new 52-week high on Monday , StockRatingsNetwork.com reports. The company traded as high as $54.94 and last traded at $54.66, with a volume of 22,315 shares trading hands. The stock had previously closed at $53.57.
The stock’s 50-day moving average is $52.21 and its 200-day moving average is $49.88. The company has a market cap of $903.8 million and a P/E ratio of 17.19.
Neenah Paper (NYSE:NP) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.90 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.84 by $0.06. The company had revenue of $230.40 million for the quarter, compared to the consensus estimate of $224.30 million. During the same quarter in the prior year, the company posted $0.80 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. On average, analysts predict that Neenah Paper will post $3.14 earnings per share for the current fiscal year.
Neenah Paper, Inc (NYSE:NP) has two primary operations: technical products business and fine paper business.
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