NPK International (NYSE:NPKI) Issues Quarterly Earnings Results, Hits Expectations

NPK International (NYSE:NPKI) issued its quarterly earnings data on Wednesday. The company reported $0.08 EPS for the quarter, hitting the consensus estimate of $0.08, Zacks reports. NPK International had a positive return on equity of 5.93% and a negative net margin of 28.47%.

NPK International Stock Performance

Shares of NYSE NPKI traded down $0.05 during mid-day trading on Wednesday, reaching $6.30. 667,504 shares of the company were exchanged, compared to its average volume of 510,903. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.00 and a current ratio of 2.29. NPK International has a 52 week low of $6.18 and a 52 week high of $8.65. The company has a market capitalization of $544.93 million, a P/E ratio of -3.44 and a beta of 2.89.

NPK International Company Profile

NPK International Inc provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America.