Texxon (NASDAQ:NPT) Stock Price Down 4.1% – Here’s What Happened

Texxon Holding Limited (NASDAQ:NPTGet Free Report) shares fell 4.1% on Monday . The stock traded as low as $2.70 and last traded at $2.81. Approximately 10,688 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 15,433 shares. The stock had previously closed at $2.93.

Analysts Set New Price Targets

A number of research firms recently issued reports on NPT. Wall Street Zen upgraded Texxon from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Weiss Ratings raised shares of Texxon from a “sell (e)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Read Our Latest Analysis on Texxon

Texxon Stock Performance

The company has a 50 day simple moving average of $3.17 and a two-hundred day simple moving average of $4.59.

Texxon (NASDAQ:NPTGet Free Report) last posted its earnings results on Tuesday, June 30th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $163.50 million for the quarter.

Texxon Company Profile

(Get Free Report)

Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.

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