National Presto Industries, Inc. (NYSE:NPK - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $75.11 and traded as high as $76.70. National Presto Industries shares last traded at $75.65, with a volume of 30,211 shares trading hands.
Wall Street Analyst Weigh In
Separately, StockNews.com raised National Presto Industries from a "hold" rating to a "buy" rating in a research note on Thursday, September 26th.
View Our Latest Analysis on National Presto Industries
National Presto Industries Price Performance
The company has a market cap of $535.70 million, a P/E ratio of 15.82 and a beta of 0.57. The company has a 50 day moving average of $74.37 and a 200-day moving average of $75.11.
Institutional Investors Weigh In On National Presto Industries
Several large investors have recently added to or reduced their stakes in the business. nVerses Capital LLC bought a new stake in National Presto Industries during the 3rd quarter valued at approximately $30,000. Point72 DIFC Ltd increased its stake in shares of National Presto Industries by 264.9% in the 2nd quarter. Point72 DIFC Ltd now owns 737 shares of the conglomerate's stock worth $55,000 after purchasing an additional 535 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of National Presto Industries in the 2nd quarter worth $68,000. Central Pacific Bank Trust Division boosted its holdings in National Presto Industries by 42.9% in the 3rd quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the conglomerate's stock worth $75,000 after buying an additional 300 shares during the period. 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. Institutional investors own 58.57% of the company's stock.
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.
Further Reading
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