Notable Stock to Watch: Neenah (NYSE:NP)

Neenah (NYSE:NP) changed -2.18% to recent value of $64.28. The stock transacted 115114 shares during most recent day however it has an average volume of 82.24K shares. It spotted trading -33.15% off 52-week high price. On the other end, the stock has been noted 13.42% away from the low price over the last 52-weeks.

On Aug. 1, 2019, Neenah (NYSE:NP) announced that its Board of Directors declared a regular quarterly cash dividend of $0.45 per share on the company’s common stock. The dividend will be payable on September 4, 2019 to stockholders of record as of close of business on August 16, 2019.

About Neenah

Neenah is a leading global specialty materials company focused on premium niche markets that value performance and image. Key products and markets include advanced filtration media, specialized performance substrates used for digital transfer, tape and abrasive backings, labels and other products, and premium printing and packaging papers. The Company is headquartered in Alpharetta, Georgia and its products are sold in over 80 countries worldwide from manufacturing operations in the United States, Europe and the United Kingdom.

NP has a gross margin of 17.30% and an operating margin of 4.70% while its profit margin remained 3.20% for the last 12 months. Its earnings per share (EPS) expected to touch remained -49.40% for this year while earning per share for the next 5-years is expected to reach at 5.00%.

The company has 16.83M of outstanding shares and 16.61M shares were floated in the market. According to the most recent quarter its current ratio was 2.5 that represents company’s ability to meet its current financial obligations. The price moved ahead of -1.23% from the mean of 20 days, 2.22% from mean of 50 days SMA and performed -3.24% from mean of 200 days price. Company’s performance for the week was 0.86%, -3.34% for month and YTD performance remained 9.10%.

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