Texxon (NASDAQ:NPT – Get Free Report) released its earnings results on Tuesday. The company reported ($0.02) earnings per share for the quarter, FiscalAI reports. The business had revenue of $163.50 million during the quarter.
Texxon Price Performance
NPT stock opened at $2.41 on Wednesday. Texxon has a 12 month low of $1.14 and a 12 month high of $22.38. The firm has a 50 day simple moving average of $1.97 and a 200 day simple moving average of $5.61.
Analysts Set New Price Targets
A number of research firms have recently commented on NPT. Weiss Ratings reissued a “sell (e)” rating on shares of Texxon in a research note on Monday. Wall Street Zen raised Texxon from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.
About Texxon
Texxon Holding Limited is a provider of supply chain management services in the plastics and chemical industries principally in East China. Texxon Holding Limited is based in Shanghai, China.
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