Somewhat Favorable Media Coverage Somewhat Unlikely to Affect NL Industries (NL) Stock Price
News headlines about NL Industries (NYSE:NL) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NL Industries earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news stories about the basic materials company an impact score of 46.0719712675244 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, BidaskClub lowered shares of NL Industries from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th.
Shares of NL Industries (NL) traded down 2.66% during trading on Friday, hitting $9.15. 74,522 shares of the stock were exchanged. The stock has a market cap of $445.73 million, a P/E ratio of 6.73 and a beta of 2.70. The firm’s 50 day moving average price is $7.50 and its 200-day moving average price is $7.49. NL Industries has a 52 week low of $3.10 and a 52 week high of $10.90.
NL Industries Company Profile
NL Industries, Inc is a holding company. The Company operates in the component products industry through its subsidiary, CompX International Inc (CompX). The Company operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc (Kronos). The Company, through Compx, manufactures engineered components that are sold to a range of industries, including recreational transportation (including boats), postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment.
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