National Presto Industries (NYSE:NPK) Hits New 12-Month Low at $90.00

Shares of National Presto Industries Inc. (NYSE:NPK) reached a new 52-week low on Monday . The company traded as low as $90.00 and last traded at $90.00, with a volume of 2589 shares changing hands. The stock had previously closed at $94.40.

Separately, TheStreet downgraded National Presto Industries from a “b” rating to a “c+” rating in a research report on Friday, May 31st.

The company has a debt-to-equity ratio of 0.01, a current ratio of 7.29 and a quick ratio of 4.93.

National Presto Industries (NYSE:NPK) last announced its quarterly earnings data on Monday, April 29th. The conglomerate reported $0.85 earnings per share for the quarter. National Presto Industries had a return on equity of 9.97% and a net margin of 11.25%. The business had revenue of $63.85 million during the quarter.

Several hedge funds have recently made changes to their positions in NPK. Janus Henderson Group PLC lifted its position in shares of National Presto Industries by 46.4% during the 1st quarter. Janus Henderson Group PLC now owns 216,138 shares of the conglomerate’s stock worth $23,462,000 after buying an additional 68,513 shares during the last quarter. Norges Bank bought a new stake in shares of National Presto Industries during the 4th quarter worth $6,523,000. BlackRock Inc. lifted its position in shares of National Presto Industries by 2.3% during the 4th quarter. BlackRock Inc. now owns 1,060,653 shares of the conglomerate’s stock worth $124,013,000 after buying an additional 24,250 shares during the last quarter. Citigroup Inc. lifted its position in shares of National Presto Industries by 379.9% during the 4th quarter. Citigroup Inc. now owns 17,390 shares of the conglomerate’s stock worth $2,033,000 after buying an additional 13,766 shares during the last quarter. Finally, Royce & Associates LP lifted its position in shares of National Presto Industries by 2.3% during the 1st quarter. Royce & Associates LP now owns 589,956 shares of the conglomerate’s stock worth $64,040,000 after buying an additional 13,330 shares during the last quarter. Institutional investors and hedge funds own 66.74% of the company’s stock.

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National Presto Industries Company Profile (NYSE:NPK)

National Presto Industries Inc provides housewares and small appliances, and defense products primarily 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 single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers.

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