NL Industries Inc. (NYSE: NL) stock enjoyed a major increase of 10.0% on 3/11/24. The shares closed at $6.25. Moreover, trading volume in this advance was exceptionally high at 479% of normal. The stock has performed in line with the market over the last nine months and has risen 21.4% during the last week.
Current PriceTarget Research Rating
NL’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
NL Industries has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. NL Industries has a neutral Power Rating of 51 but a good Appreciation Score of 72, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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