Ingevity Corporation (NGVT) Soars 9.22% on June 29

Equities Staff  |

Ingevity Corporation (NGVT) had a good day on the market for Monday June 29 as shares jumped 9.22% to close at $51.67. About 493,088 shares traded hands on 4,921 trades for the day, compared with an average daily volume of n/a shares out of a total float of 41.21 million. After opening the trading day at $48.34, shares of Ingevity Corporation stayed within a range of $52.30 to $48.24.

With today's gains, Ingevity Corporation now has a market cap of $2.13 billion. Shares of Ingevity Corporation have been trading within a range of $108.20 and $24.92 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Ingevity Corp is a chemical manufacturer based in the United States. It conducts its operations through two segments, namely Performance Chemicals and Performance Materials. The bulk of its revenue is generated by the Performance Chemicals segment which deals with the manufacture and sale of specialty chemicals which find their use in a range of processes such as asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, and publication inks. The Performance Materials segment, on the other hand, focusses on automotive carbon products used in automobiles. The Company sells its products worldwide, with special emphasis on North America.

Ingevity Corporation is based out of North Charleston, SC and has some 1,850 employees. Its CEO is Richard B. Kelson.

For a complete fundamental analysis of Ingevity Corporation, check out Equities.com’s Stock Valuation Analysis report for NGVT.

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Ingevity Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Ingevity Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: NGVT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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