National Presto Industries, Inc. (NYSE:NPK - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $99.47 and last traded at $99.70, with a volume of 22606 shares. The stock had previously closed at $97.99.
Analyst Upgrades and Downgrades
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.
View Our Latest Stock Analysis on National Presto Industries
National Presto Industries Price Performance
The firm has a market cap of $700.98 million, a P/E ratio of 20.87 and a beta of 0.54. The firm's 50 day moving average is $90.99 and its 200 day moving average is $80.42.
Institutional Investors Weigh In On National Presto Industries
Several hedge funds and other institutional investors have recently modified their holdings of the stock. nVerses Capital LLC purchased a new position in shares of National Presto Industries during the 3rd quarter valued at about $30,000. Point72 DIFC Ltd lifted its holdings in National Presto Industries by 264.9% during the second quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate's stock valued at $55,000 after purchasing an additional 535 shares in the last quarter. Central Pacific Bank Trust Division increased 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 worth $75,000 after purchasing an additional 300 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of National Presto Industries during the 3rd quarter valued at $75,000. Finally, Point72 Asia Singapore Pte. Ltd. boosted its holdings in 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 worth $111,000 after buying an additional 973 shares during the period. 58.57% of the stock is currently owned by hedge funds and other institutional investors.
National Presto Industries Company Profile
(
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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