NL Industries Inc (NYSE:NL) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $6.25 and last traded at $6.35, with a volume of 100 shares. The stock had previously closed at $6.35.

A number of equities research analysts have recently issued reports on the company. ValuEngine upgraded NL Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, June 6th. TheStreet cut NL Industries from a “b-” rating to a “c” rating in a research note on Friday, June 1st. Finally, Barclays upgraded NL Industries from an “underweight” rating to an “equal weight” rating and set a $14.00 price objective on the stock in a research note on Thursday, June 14th.

The company has a market capitalization of $314.30 million, a PE ratio of 6.32 and a beta of 3.10.

NL Industries (NYSE:NL) last announced its quarterly earnings data on Tuesday, August 7th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter. NL Industries had a return on equity of 15.22% and a net margin of 33.92%. The company had revenue of $32.40 million for the quarter.

A number of institutional investors and hedge funds have recently bought and sold shares of NL. Dimensional Fund Advisors LP raised its stake in NL Industries by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,432,131 shares of the basic materials company’s stock valued at $19,092,000 after acquiring an additional 37,894 shares during the period. Barclays PLC raised its stake in NL Industries by 1,924.0% in the 1st quarter. Barclays PLC now owns 30,947 shares of the basic materials company’s stock valued at $243,000 after acquiring an additional 29,418 shares during the period. Wells Fargo & Company MN raised its stake in NL Industries by 203.3% in the 1st quarter. Wells Fargo & Company MN now owns 34,648 shares of the basic materials company’s stock valued at $272,000 after acquiring an additional 23,223 shares during the period. Citadel Advisors LLC bought a new stake in NL Industries in the 1st quarter valued at $175,000. Finally, Element Capital Management LLC bought a new stake in NL Industries in the 1st quarter valued at $100,000. Institutional investors and hedge funds own 9.95% of the company’s stock.

NL Industries Company Profile (NYSE:NL)

NL Industries, Inc, through its subsidiary, CompX International Inc, operates in the component products industry in the United States and internationally. The company manufactures and sells mechanical and electronic cabinet locks, and other locking mechanisms, including disc tumbler locks, pin tumbler locking mechanisms, and CompX eLock and Stealthlock electronic locks for use in various applications, such as ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, vending and gaming machines, high security medical cabinetry, electronic circuit panels, storage compartments, and gas station security.

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