Neenah Paper CFO Sells $110,080 in Stock (NP)
Neenah Paper (NYSE:NP) CFO Bonnie Cruickshank Lind unloaded 2,000 shares of Neenah Paper stock on the open market in a transaction dated Friday, August 22nd. The stock was sold at an average price of $55.04, for a total value of $110,080.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Neenah Paper (NYSE:NP) traded up 0.36% during mid-day trading on Monday, hitting $55.02. 59,097 shares of the company’s stock traded hands. Neenah Paper has a 1-year low of $36.04 and a 1-year high of $55.72. The stock’s 50-day moving average is $52.56 and its 200-day moving average is $50.70. The company has a market cap of $914.1 million and a price-to-earnings ratio of 17.59.
Neenah Paper (NYSE:NP) last issued its quarterly earnings data 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 $3.12 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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