National Presto Stock Hits New 52-Week Low (NPK)

NEW YORK (TheStreet) -- National Presto Industries (NYSE:NPK) hit a new 52-week low Thursday as it is currently trading at $65.71, below its previous 52-week low of $65.80 with 762 shares traded as of 9:30 a.m. ET. Average volume has been 72,000 shares over the past 30 days. National Presto has a market cap of $459.3 million and is part of the consumer goods sector and consumer durables industry. Shares are down 28.7% year to date as of the close of trading on Wednesday. National Presto Industries, Inc. provides housewares and small appliances, defense products, and absorbent products primarily in North America. It operates in three segments: Housewares/Small Appliance, Defense Products, and Absorbent Products. The company has a P/E ratio of 10, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates National Presto as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow. You can view the full National Presto Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.

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