Quaker Chemical Corp. (NYSE:KWR)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $98.54 and last traded at $98.47, with a volume of 10,399 shares. The stock had previously closed at $96.91.

A number of equities analysts recently issued reports on the company. Jefferies Group reissued a “hold” rating on shares of Quaker Chemical Corp. in a report on Sunday, July 17th. Zacks Investment Research lowered Quaker Chemical Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, May 3rd. Finally, Seaport Global Securities lowered Quaker Chemical Corp. from an “accumulate” rating to a “neutral” rating and set a $94.00 price objective for the company. in a report on Monday, May 2nd.

The stock’s 50-day moving average price is $92.57 and its 200 day moving average price is $84.82. The stock has a market capitalization of $1.30 billion and a PE ratio of 24.18.

Quaker Chemical Corp. (NYSE:KWR) last released its earnings results on Wednesday, July 27th. The company reported $1.11 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.02. During the same quarter in the previous year, the business posted $1.15 EPS. The company earned $186.91 million during the quarter, compared to the consensus estimate of $187.77 million. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. On average, equities research analysts predict that Quaker Chemical Corp. will post $4.56 earnings per share for the current year.

A number of hedge funds and institutional investors have made changes to their positions in KWR. First Trust Advisors LP boosted its position in shares of Quaker Chemical Corp. by 72.9% in the fourth quarter. First Trust Advisors LP now owns 13,002 shares of the company’s stock worth $1,005,000 after buying an additional 5,482 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Quaker Chemical Corp. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 24,749 shares of the company’s stock worth $1,912,000 after buying an additional 400 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Quaker Chemical Corp. by 4.5% in the fourth quarter. Rhumbline Advisers now owns 25,442 shares of the company’s stock worth $1,966,000 after buying an additional 1,100 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Quaker Chemical Corp. by 3.9% in the fourth quarter. Principal Financial Group Inc. now owns 90,769 shares of the company’s stock worth $7,013,000 after buying an additional 3,386 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Quaker Chemical Corp. by 23.2% in the fourth quarter. Victory Capital Management Inc. now owns 308,599 shares of the company’s stock worth $23,842,000 after buying an additional 58,200 shares in the last quarter.

Quaker Chemical Corporation is engaged in providing process fluids, chemical specialties and technical expertise to a range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans and others. The Company operates through four segments: North America, the Europe; Middle East and Africa (EMEA); Asia/Pacific, and South America.

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