National Presto Industries (NYSE:NPK) Sets New 52-Week High - Time to Buy?

National Presto Industries, Inc. (NYSE:NPK - Get Free Report)'s stock price reached a new 52-week high on Thursday . The company traded as high as $100.82 and last traded at $100.42, with a volume of 45199 shares changing hands. The stock had previously closed at $94.59.

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.

National Presto Industries Trading Down 0.7 %

The firm has a market cap of $703.26 million, a price-to-earnings ratio of 20.85 and a beta of 0.53. The business's 50-day simple moving average is $96.28 and its two-hundred day simple moving average is $82.77.

Institutional Trading of National Presto Industries

Several large investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of National Presto Industries by 79.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,472 shares of the conglomerate's stock worth $1,424,000 after buying an additional 6,402 shares during the period. Two Sigma Advisers LP grew its position in shares of National Presto Industries by 38.5% during the 4th quarter. Two Sigma Advisers LP now owns 6,117 shares of the conglomerate's stock worth $602,000 after buying an additional 1,700 shares during the period. Two Sigma Investments LP grew its position in shares of National Presto Industries by 4.9% during the 4th quarter. Two Sigma Investments LP now owns 10,720 shares of the conglomerate's stock worth $1,055,000 after buying an additional 505 shares during the period. Numerai GP LLC grew its position in shares of National Presto Industries by 7.0% during the 4th quarter. Numerai GP LLC now owns 13,744 shares of the conglomerate's stock worth $1,353,000 after buying an additional 903 shares during the period. Finally, Occudo Quantitative Strategies LP grew its position in shares of National Presto Industries by 4.7% during the 4th quarter. Occudo Quantitative Strategies LP now owns 3,555 shares of the conglomerate's stock worth $350,000 after buying an additional 161 shares during the period. Institutional investors and hedge funds own 58.57% of the company's stock.

National Presto Industries Company Profile

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.