Quaker Chemical Corp. (KWR) Hits New 12-Month High at $102.64
Quaker Chemical Corp. (NYSE:KWR)’s share price reached a new 52-week high on Monday . The stock traded as high as $102.64 and last traded at $100.79, with a volume of 134,204 shares changing hands. The stock had previously closed at $97.97.
Several equities analysts have recently weighed in on KWR shares. Zacks Investment Research downgraded Quaker Chemical Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, July 7th. Jefferies Group reissued a “hold” rating on shares of Quaker Chemical Corp. in a research report on Sunday, July 17th.
The company has a market cap of $1.34 billion and a PE ratio of 24.95. The firm’s 50-day moving average is $97.21 and its 200-day moving average is $88.18.
Quaker Chemical Corp. (NYSE:KWR) last posted its earnings results on Wednesday, July 27th. The company reported $1.11 EPS for the quarter, topping the consensus estimate of $1.09 by $0.02. During the same period last year, the business earned $1.15 earnings per share. The company had revenue of $186.91 million for the quarter, compared to analyst estimates of $187.77 million. The firm’s revenue was up 1.7% on a year-over-year basis. On average, analysts forecast that Quaker Chemical Corp. will post $4.56 earnings per share for the current year.
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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