StockNews.com begins coverage of NL Industries (NYSE:NL)

Equity researchers at StockNews.com hypothesized NL Industries (NYSE: NL – Get Rating) stock in a research note released Wednesday.The company has a “buy” rating on the basic materials company’s stock.
NYSE: NL opened Wednesday at $9.87.NL Industries had a 52-week low of $5.21 and a 52-week high of $10.20.The company has a market cap of $481.69 million, a price-to-earnings ratio of 8.51, and a beta of 1.19.The company’s 50-day moving average is $8.36 and its 200-day moving average is $7.36.
NL Industries (NYSE: NL – Get Rating) last reported earnings results on Wednesday, May 4.The basic materials company reported earnings per share of $0.38 for the quarter.NL Industries had a net profit margin of 38.44% and a return on equity of 14.95%.The company’s revenue for the quarter was $42.1 million.
NL Industries, Inc, through its subsidiary CompX International Inc, conducts business in the component products industry in the United States and internationally.The company manufactures and sells mechanical and electronic cabinet locks and other locking mechanisms, including disc pin locks, pin pin lock mechanisms, and CompX eLock and StealthLock electronic locks for use in a variety of applications such as ignition systems, mailboxes, filing cabinets, desks Drawers, tool storage cabinets, integrated inventory and access control security anesthesia boxes, vending and cash holding machines, medical cabinets, electronic circuit boards, storage rooms and gas station security.
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Post time: Jul-02-2022