National Presto Industries, Inc. (NYSE:NPK - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $81.85 and traded as high as $98.92. National Presto Industries shares last traded at $97.81, with a volume of 30,647 shares traded.
Analyst Ratings Changes
Separately, StockNews.com downgraded National Presto Industries from a "buy" rating to a "hold" rating in a report on Tuesday, December 3rd.
Get Our Latest Analysis on National Presto Industries
National Presto Industries Price Performance
The stock has a market capitalization of $683.17 million, a price-to-earnings ratio of 20.26 and a beta of 0.53. The firm has a 50-day moving average of $95.43 and a 200 day moving average of $82.16.
Hedge Funds Weigh In On National Presto Industries
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of National Presto Industries by 8.0% during the 4th quarter. Vanguard Group Inc. now owns 364,775 shares of the conglomerate's stock worth $35,901,000 after acquiring an additional 26,987 shares during the last quarter. LPL Financial LLC acquired a new stake in National Presto Industries during the fourth quarter worth approximately $2,092,000. Sei Investments Co. boosted its holdings in shares of National Presto Industries by 9.5% during the fourth quarter. Sei Investments Co. now owns 3,444 shares of the conglomerate's stock worth $339,000 after acquiring an additional 300 shares during the period. American Century Companies Inc. grew its position in shares of National Presto Industries by 9.9% in the fourth quarter. American Century Companies Inc. now owns 10,647 shares of the conglomerate's stock valued at $1,048,000 after purchasing an additional 956 shares during the last quarter. Finally, Teacher Retirement System of Texas increased its position in National Presto Industries by 1.8% during the 4th quarter. Teacher Retirement System of Texas now owns 12,104 shares of the conglomerate's stock worth $1,191,000 after buying an additional 210 shares during the period. 58.57% of the stock is owned by 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.
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