Enpro Industries Incorporated (NPO) Posts Large Volume Increase, Hits $38.76
Resource from: Enpro Industries Incorporated Likes:3077
Mar 10,2011
(March 9, 2011)
Shares of Enpro Industries Incorporated (NPO) saw unusually high trading volume on Wednesday. Approximately 259,461 shares changed hands during mid-day trading, an increase of 4.74% from the previous session. The stock last traded at $38.76.
On a related note, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Enpro Industries Incorporated in a research note to investors on Monday, January 3rd.
EnPro Industries, Inc. is engaged in the design, development, manufacturing and marketing of engineered industrial products. It has three business segments: sealing products segment, engineered products segment, and engine products and services segment. The sealing products segment includes the sealing products, heavy-duty wheel end components, polytetrafluoroethylene products and rubber products. The engineered products segment includes the bearings, aluminum blocks for hydraulic applications and reciprocating compressor components. The engine products and services segment manufactures, sells and services heavy-duty, medium-speed diesel, natural gas and dual fuel reciprocating engines. In February 2009, the Company purchased PTM (UK) Limited. In August 2009, it acquired USA Parts & Service, LLC. In September 2009, it acquired Player & Cornish P.E.T. Limited. In December 2009, it acquired Technetics Corporation. In March 2010, the Company sold its Quincy Compressor to Atlas Copco AB.
Enpro Industries Incorporated last announced its quarterly results on Wednesday, February 16th. The company reported $0.30 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.67 EPS by $0.37. During the same quarter in the prior year, the company posted $0.60 earnings per share. The company’s quarterly revenue was down 14.2% on a year-over-year basis. On average, analysts predict that Enpro Industries Incorporated will post $0.76 EPS next quarter.
Shares of Enpro Industries Incorporated (NPO) traded down 0.15% during mid-day trading on Wednesday, hitting $38.90. Enpro Industries Incorporated has a 52 week low of $26.64 and a 52 week high of $44.25. The stock’s 50-day moving average is $41.20 and its 200-day moving average is $36.68. The company has a market cap of $793.5 million and a price-to-earnings ratio of 5.19.
(Enpro Industries Incorporated)
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