Zacks Investment Research downgraded Quaker Chemical Corp (NYSE:KWR) to Sell in a statement released earlier today.
- Updated: October 1, 2016
Zacks Investment Research has downgraded Quaker Chemical Corp (NYSE:KWR) to Sell in a report released on Wednesday September 28, 2016.
Yesterday Quaker Chemical Corp (NYSE:KWR) traded 1.15% higher at $105.06. The company’s 50-day moving average is $99.86 and its 200-day moving average is $91.64. With the last close up 15.60% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was up over the average, with 116,797 shares of KWR changing hands over the typical 65,588
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Quaker Chemical Corp has a 52 week low of $68.20 and a 52 week high of $106.61 with a P/E ratio of 26.17 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 3 firms have issued a report on the stock. The consensus target price is $92.00 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Quaker Chemical Corp (NYSE:KWR)
Quaker Chemical Corporation is engaged in providing process fluids, chemical specialties and technical expertise to a range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans and others. The Company operates through four segments: North America, the Europe; Middle East and Africa (EMEA); Asia/Pacific, and South America. The Company develops, produces and markets a range of formulated chemical specialty products. The Company's principal products and services include rolling lubricants, corrosion preventives, metal finishing compounds, machining and grinding compounds, forming compounds, bio-lubricants, hydraulic fluids, chemical milling maskants, temporary and permanent coatings, construction products, specialty greases, die casting lubricants and programs to provide chemical management services (CMS). The Company offers CMS for various heavy industrial and manufacturing applications.
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