News coverage about NL Industries (NYSE:NL) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NL Industries earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 48.0938928249402 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of NL Industries (NYSE NL) traded up $0.40 during mid-day trading on Monday, hitting $8.65. The stock had a trading volume of 94,309 shares, compared to its average volume of 91,912. The company has a market capitalization of $401.90, a PE ratio of 5.47 and a beta of 2.64. NL Industries has a 12 month low of $5.40 and a 12 month high of $16.05.
Separately, Barclays reiterated an “underweight” rating and issued a $14.00 price target (up from $7.00) on shares of NL Industries in a research report on Wednesday, November 15th.
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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