(VIANEWS) – Shares of NewMarket (NYSE: NEU) jumped 9.33% to $395.98 at 14:48 EST on Thursday, after two consecutive sessions in a row of losses. NYSE is rising 1.02% to $15,383.68, after two sequential sessions in a row of losses. This seems, at the moment, an all-around positive trend trading session today.
NewMarket’s last close was $362.20, 2.77% below its 52-week high of $372.50.
About NewMarket
NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils. It also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. In addition, the company engages in the marketing of antiknock compounds, as well as contracted manufacturing and services activities; and owns and manages a real property in Virginia. It operates in North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and India. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.
Earnings Per Share
As for profitability, NewMarket has a trailing twelve months EPS of $27.53.
PE Ratio
NewMarket has a trailing twelve months price to earnings ratio of 14.38. Meaning, the purchaser of the share is investing $14.38 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 36.67%.
Sales Growth
NewMarket’s sales growth for the next quarter is 2.9%.
Volatility
NewMarket’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.40%, a positive 0.13%, and a positive 0.90%.
NewMarket’s highest amplitude of average volatility was 0.69% (last week), 0.52% (last month), and 0.90% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NewMarket’s stock is considered to be overbought (>=80).
Yearly Top and Bottom Value
NewMarket’s stock is valued at $395.98 at 14:48 EST, higher than its 52-week high of $372.50.
More news about NewMarket (NEU).
