Neo Performance Materials (NOPMF) Expected to Announce Earnings on Tuesday

Neo Performance Materials (OTCMKTS:NOPMF) is projected to post its results before the market opens on Tuesday, May 12th. Analysts expect Neo Performance Materials to post earnings of $0.19 per share and revenue of $127.33 million for the quarter.

Neo Performance Materials Stock Up 4.9%

Shares of Neo Performance Materials stock traded up $0.96 during trading hours on Tuesday, reaching $20.65. 321 shares of the company’s stock were exchanged, compared to its average volume of 23,649. The company has a 50 day moving average of $17.46 and a two-hundred day moving average of $14.61. Neo Performance Materials has a fifty-two week low of $6.60 and a fifty-two week high of $21.53. The company has a current ratio of 2.24, a quick ratio of 1.18 and a debt-to-equity ratio of 0.22. The stock has a market cap of $866.06 million and a P/E ratio of -79.42.

Analysts Set New Price Targets

Separately, BMO Capital Markets assumed coverage on shares of Neo Performance Materials in a research note on Friday, February 20th. They set an “outperform” rating for the company. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Neo Performance Materials Company Profile

Neo Performance Materials Inc is a global supplier of advanced materials, specializing in the production and processing of rare earth and rare metal–based functional materials. Headquartered in Toronto, Canada, the company serves diverse high-tech markets by developing proprietary compounds and alloys that deliver key performance attributes in demanding applications. Its product portfolio includes magnetic powders, rare earth oxides and metals, phosphors, metal alloys, precious metal chemical compounds, and performance catalysts.

Neo Performance Materials operates through distinct business segments focused on Rare Earth & Magnetic Solutions, Advanced Industrial Materials, and Precious Metals & Chemicals.