NewMarket (NYSE:NEU - Get Free Report) released its earnings results on Monday. The specialty chemicals company reported $11.56 earnings per share for the quarter, Zacks reports. NewMarket had a return on equity of 35.79% and a net margin of 15.57%.
NewMarket Trading Down 1.1 %
NYSE:NEU traded down $5.97 during mid-day trading on Friday, reaching $515.03. 34,101 shares of the company's stock traded hands, compared to its average volume of 33,668. NewMarket has a 12-month low of $480.00 and a 12-month high of $650.00. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.83 and a quick ratio of 1.50. The company has a 50 day moving average price of $515.54 and a 200-day moving average price of $535.25. The firm has a market capitalization of $4.94 billion, a price-to-earnings ratio of 11.44 and a beta of 0.48.
About NewMarket
(
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NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils.
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