National Presto Industries, Inc. (NYSE:NPK - Get Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as $101.90 and last traded at $100.72, with a volume of 38305 shares. The stock had previously closed at $99.38.
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of National Presto Industries from a "buy" rating to a "hold" rating in a report on Tuesday, December 3rd.
Read Our Latest Report on NPK
National Presto Industries Stock Performance
The stock has a market capitalization of $702.13 million, a P/E ratio of 20.82 and a beta of 0.53. The company's 50-day moving average price is $96.83 and its 200 day moving average price is $83.21.
Hedge Funds Weigh In On National Presto Industries
A number of institutional investors and hedge funds have recently made changes to their positions in NPK. PNC Financial Services Group Inc. lifted its holdings in National Presto Industries by 50.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 362 shares of the conglomerate's stock valued at $36,000 after buying an additional 121 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of National Presto Industries in the 3rd quarter worth approximately $75,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of National Presto Industries in the 4th quarter valued at $79,000. Lazard Asset Management LLC boosted its holdings in shares of National Presto Industries by 64.6% in the 4th quarter. Lazard Asset Management LLC now owns 856 shares of the conglomerate's stock valued at $84,000 after acquiring an additional 336 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. boosted its holdings in shares of National Presto Industries by 190.8% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate's stock valued at $111,000 after acquiring an additional 973 shares during the last quarter. 58.57% of the stock is owned by hedge funds and other institutional investors.
About National Presto Industries
(
Get Free Report)
National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.
See Also
Before you consider National Presto Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Presto Industries wasn't on the list.
While National Presto Industries currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
