National Presto Industries, Inc. (NYSE:NPK – Get Rating) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 134,700 shares, a growth of 26.8% from the May 15th total of 106,200 shares. Approximately 2.6% of the company’s stock are short sold. Based on an average daily trading volume, of 41,700 shares, the days-to-cover ratio is presently 3.2 days.
Shares of National Presto Industries stock opened at $61.34 on Friday. The stock has a market cap of $432.69 million, a price-to-earnings ratio of 22.22 and a beta of 0.60. The firm’s 50-day moving average is $71.47 and its 200 day moving average is $77.87. National Presto Industries has a 1 year low of $59.99 and a 1 year high of $103.69.
National Presto Industries (NYSE:NPK – Get Rating) last announced its quarterly earnings results on Friday, April 29th. The conglomerate reported $0.41 earnings per share (EPS) for the quarter. The company had revenue of $60.75 million for the quarter. National Presto Industries had a net margin of 5.83% and a return on equity of 5.63%.
Separately, StockNews.com cut shares of National Presto Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, May 25th.
About National Presto Industries (Get Rating)
National Presto Industries Inc provides housewares and small electric appliance, and defense products primarily in North America. It operates through three segments: Housewares/Small Appliance, Defense, and Safety. 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; 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; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers under the Presto Control Master brand.
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