Northern Technologies International Co. (NASDAQ:NTIC – Get Free Report) Director Sarah E. Kemp acquired 1,275 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The shares were bought at an average price of $15.70 per share, for a total transaction of $20,017.50. Following the acquisition, the director now owns 5,760 shares of the company’s stock, valued at $90,432. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Northern Technologies International Trading Up 0.2 %
Shares of NASDAQ:NTIC opened at $17.39 on Friday. Northern Technologies International Co. has a twelve month low of $10.08 and a twelve month high of $17.55. The company’s 50 day moving average is $13.93 and its 200 day moving average is $12.73. The company has a market cap of $163.99 million, a PE ratio of 33.44 and a beta of 0.73.
Northern Technologies International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be issued a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a $0.28 annualized dividend and a yield of 1.61%. Northern Technologies International’s dividend payout ratio (DPR) is presently 53.85%.
Hedge Funds Weigh In On Northern Technologies International
Analyst Ratings Changes
NTIC has been the topic of several recent analyst reports. Northland Securities upped their price objective on shares of Northern Technologies International from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Friday, April 12th. TheStreet upgraded shares of Northern Technologies International from a “c+” rating to a “b-” rating in a report on Tuesday, February 27th. Finally, StockNews.com downgraded shares of Northern Technologies International from a “buy” rating to a “hold” rating in a report on Wednesday.
Check Out Our Latest Research Report on Northern Technologies International
Northern Technologies International Company Profile
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting solutions in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand.
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