NL Industries Inc. (NL) Trading Up 9.3%
Shares of NL Industries Inc. (NYSE:NL) were up 9.3% during trading on Monday . The stock traded as high as $3.53 and last traded at $3.41, with a volume of 67,225 shares changing hands. The stock had previously closed at $3.12.
Separately, Zacks Investment Research upgraded shares of NL Industries from a “hold” rating to a “strong-buy” rating and set a $3.50 price target on the stock in a research report on Thursday.
The stock’s market cap is $166.08 million. The stock has a 50 day moving average price of $2.94 and a 200 day moving average price of $2.75.
NL Industries (NYSE:NL) last issued its quarterly earnings data on Friday, August 5th. The company reported $0.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.06. Equities research analysts forecast that NL Industries Inc. will post $0.10 EPS for the current 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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