NL Industries Inc. (NL) Trading 6.6% Higher
Shares of NL Industries Inc. (NYSE:NL) traded up 6.6% during mid-day trading on Friday . The company traded as high as $2.45 and last traded at $2.43, with a volume of 58,859 shares traded. The stock had previously closed at $2.28.
Separately, Zacks Investment Research raised shares of NL Industries from a “sell” rating to a “hold” rating in a research report on Friday, June 10th.
The stock has a 50 day moving average price of $2.96 and a 200-day moving average price of $2.62. The company’s market capitalization is $118.32 million.
NL Industries (NYSE:NL) last announced its quarterly earnings data on Friday, May 6th. The company reported ($0.06) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.01. On average, equities research analysts anticipate that NL Industries Inc. will post ($0.06) EPS for the current fiscal year.
NL Industries, Inc is a holding company. The Company operates in the component products industry through its subsidiary, CompX International Inc (CompX). It operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc (Kronos). CompX is a manufacturer of engineered components utilized in a range of applications and industries.
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