NL Industries Inc (NYSE:NL) shares reached a new 52-week low on Thursday . The stock traded as low as $4.67 and last traded at $4.83, with a volume of 18114 shares. The stock had previously closed at $5.39.

The company has a market capitalization of $262.64 million, a price-to-earnings ratio of 5.28 and a beta of 3.03.

NL Industries (NYSE:NL) last posted its quarterly earnings results on Tuesday, August 7th. The basic materials company reported $0.14 earnings per share for the quarter. NL Industries had a return on equity of 15.22% and a net margin of 33.92%. The firm had revenue of $32.40 million during the quarter.

Hedge funds have recently bought and sold shares of the company. Zebra Capital Management LLC raised its stake in shares of NL Industries by 31.5% in the second quarter. Zebra Capital Management LLC now owns 33,589 shares of the basic materials company’s stock worth $292,000 after purchasing an additional 8,044 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of NL Industries by 203.3% in the first quarter. Wells Fargo & Company MN now owns 34,648 shares of the basic materials company’s stock worth $272,000 after purchasing an additional 23,223 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of NL Industries by 7.4% in the second quarter. Bank of New York Mellon Corp now owns 149,062 shares of the basic materials company’s stock worth $1,296,000 after purchasing an additional 10,292 shares during the last quarter. BlackRock Inc. raised its stake in shares of NL Industries by 1.3% in the second quarter. BlackRock Inc. now owns 526,189 shares of the basic materials company’s stock worth $4,579,000 after purchasing an additional 6,682 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of NL Industries by 1.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,432,131 shares of the basic materials company’s stock worth $19,092,000 after purchasing an additional 37,894 shares during the last quarter. Hedge funds and other institutional investors own 9.84% of the company’s stock.

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NL Industries Company Profile (NYSE:NL)

NL Industries, Inc, through its subsidiary, CompX International Inc, operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms, including disc tumbler locks, pin tumbler locking mechanisms, and CompX eLock and Stealthlock electronic locks for use in various applications, such as ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, vending and gaming machines, high security medical cabinetry, electronic circuit panels, storage compartments, and gas station security.

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