National Presto Industries, Inc. (NYSE:NPK - Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as $97.40 and last traded at $97.40, with a volume of 932 shares traded. The stock had previously closed at $97.20.
Analysts Set New Price Targets
Separately, StockNews.com downgraded shares of National Presto Industries from a "buy" rating to a "hold" rating in a research report on Tuesday, December 3rd.
Read Our Latest Research Report on NPK
National Presto Industries Stock Performance
The firm has a market cap of $691.40 million, a P/E ratio of 20.50 and a beta of 0.59. The firm's fifty day moving average is $82.12 and its 200 day moving average is $77.00.
Institutional Trading of National Presto Industries
Several hedge funds have recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new stake in National Presto Industries in the 3rd quarter worth about $30,000. Point72 DIFC Ltd raised its position in shares of National Presto Industries by 264.9% in the second quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate's stock valued at $55,000 after buying an additional 535 shares in the last quarter. Central Pacific Bank Trust Division boosted its stake in shares of National Presto Industries by 42.9% in the third quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate's stock valued at $75,000 after buying an additional 300 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in National Presto Industries during the third quarter worth approximately $75,000. Finally, Point72 Asia Singapore Pte. Ltd. increased its stake in National Presto Industries by 190.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,483 shares of the conglomerate's stock worth $111,000 after acquiring an additional 973 shares during the period. 58.57% of the stock is owned by institutional investors and hedge funds.
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.
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