|Bid||3.5300 x 900|
|Ask||3.5400 x 800|
|Day's Range||3.4820 - 3.6800|
|52 Week Range||1.9200 - 4.0800|
|Beta (5Y Monthly)||3.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb. 17, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb. 11, 1983|
|1y Target Est||4.00|
The big shareholder groups in Newpark Resources, Inc. ( NYSE:NR ) have power over the company. Large companies usually...
Newpark Resources, a provider of drilling fluids systems and composite matting systems used in oilfields, is being pushed by an activist investor to separate its industrials systems and fluids business, according to a letter seen by Reuters. Bradley Radoff, a private investor who previously worked as a portfolio manager at Daniel Loeb's Third Point hedge fund, has approached Newpark's board and is pushing for the split. "The Company's own disclosures and investor presentations highlight that the Industrial Solutions segment is a high-margin business on a growth trajectory, while the Fluid Systems segment is an unprofitable business operating at the opposite end of the energy transition spectrum," Radoff wrote to the board.
Insiders who purchased Newpark Resources, Inc. ( NYSE:NR ) shares in the past 12 months are unlikely to be deeply...