Media coverage about Northern Technologies International (NASDAQ:NTIC) has trended somewhat positive on Wednesday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Northern Technologies International earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the specialty chemicals company an impact score of 46.6079297708105 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of NASDAQ NTIC traded down $0.50 during mid-day trading on Wednesday, hitting $29.00. 17,400 shares of the company’s stock traded hands, compared to its average volume of 5,813. The stock has a market capitalization of $133.85 million, a price-to-earnings ratio of 38.67 and a beta of 1.19. Northern Technologies International has a 1 year low of $14.95 and a 1 year high of $31.54.
Northern Technologies International (NASDAQ:NTIC) last announced its earnings results on Thursday, April 12th. The specialty chemicals company reported $0.44 earnings per share (EPS) for the quarter. The firm had revenue of $12.21 million for the quarter. Northern Technologies International had a net margin of 11.48% and a return on equity of 11.30%. equities analysts forecast that Northern Technologies International will post 1.43 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 23rd. Stockholders of record on Wednesday, May 9th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Tuesday, May 8th. Northern Technologies International’s dividend payout ratio is 13.33%.
Separately, ValuEngine upgraded shares of Northern Technologies International from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd.
Northern Technologies International Company Profile
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids and coatings, rust removers and cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand.
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