Shares of Northern Technologies International Corporation (NASDAQ:NTIC) have been assigned an average broker rating score of 0.00 () from the zero brokers that provide coverage for the company, Zacks Investment Research reports.
Zacks has also given Northern Technologies International Corporation an industry rank of 19 out of 265 based on the ratings given to related companies.
Separately, ValuEngine raised shares of Northern Technologies International Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 6th.
Northern Technologies International Corporation (NTIC) traded up 2.82% during mid-day trading on Tuesday, reaching $18.25. 5,284 shares of the company’s stock traded hands. The firm has a 50 day moving average of $16.42 and a 200 day moving average of $16.31. The firm has a market cap of $82.62 million, a PE ratio of 139.31 and a beta of 1.28. Northern Technologies International Corporation has a 1-year low of $12.50 and a 1-year high of $19.30.
Northern Technologies International Corporation (NASDAQ:NTIC) last issued its quarterly earnings data on Thursday, July 13th. The specialty chemicals company reported $0.30 earnings per share for the quarter. The company had revenue of $10.22 million for the quarter. Northern Technologies International Corporation had a net margin of 1.56% and a return on equity of 5.24%. Analysts forecast that Northern Technologies International Corporation will post $1.02 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in the company. Accredited Investors Inc. acquired a new position in Northern Technologies International Corporation during the first quarter worth approximately $347,000. Creative Planning acquired a new position in Northern Technologies International Corporation during the first quarter worth approximately $328,000. Cove Street Capital LLC raised its position in Northern Technologies International Corporation by 37.3% in the first quarter. Cove Street Capital LLC now owns 62,424 shares of the specialty chemicals company’s stock worth $1,139,000 after buying an additional 16,945 shares in the last quarter. Sheets Smith Wealth Management raised its position in Northern Technologies International Corporation by 46.2% in the first quarter. Sheets Smith Wealth Management now owns 15,522 shares of the specialty chemicals company’s stock worth $283,000 after buying an additional 4,907 shares in the last quarter. Finally, Rutabaga Capital Management LLC MA raised its position in Northern Technologies International Corporation by 1.7% in the first quarter. Rutabaga Capital Management LLC MA now owns 287,956 shares of the specialty chemicals company’s stock worth $5,254,000 after buying an additional 4,750 shares in the last quarter. 25.62% of the stock is currently owned by institutional investors and hedge funds.
About Northern Technologies International Corporation
Northern Technologies International Corporation develops and markets environmentally beneficial products and services. The Company’s primary business is corrosion prevention marketed mainly under ZERUST and EXCOR brands (collectively ZERUST). The Company’s segments include ZERUST and Natur-Tec. The Company is engaged in selling its ZERUST products and services to the automotive, electronics, electrical, mechanical, military and retail consumer markets.
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