NPK International (NYSE:NPKI) Hits New 52-Week Low - What's Next?

NPK International Inc. (NYSE:NPKI - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $5.73 and last traded at $5.99, with a volume of 155065 shares changing hands. The stock had previously closed at $6.35.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a "buy" rating and set a $12.00 price target on shares of NPK International in a research report on Friday.

NPK International Price Performance

The company has a quick ratio of 2.00, a current ratio of 2.29 and a debt-to-equity ratio of 0.02. The stock has a market cap of $493.03 million, a price-to-earnings ratio of -3.11 and a beta of 2.89.

NPK International (NYSE:NPKI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $57.52 million for the quarter, compared to analysts' expectations of $59.67 million. NPK International had a positive return on equity of 5.93% and a negative net margin of 28.47%. On average, equities research analysts forecast that NPK International Inc. will post 0.39 EPS for the current fiscal year.

NPK International Company Profile

NPK International Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.