NL Industries Inc. (NL) Drops 6.03% on February 08

Equities Staff |

NL Industries Inc. (NL) was one of the Russell 2000's biggest losers for Monday February 08 as the stock slid 6.03% to $2.11, a loss of $-0.135 per share. Starting at an opening price of $2.23 a share, the stock traded between $2.06 and $2.23 over the course of the trading day. Volume was 18,743 shares over 134 trades, against an average daily volume of 23,225 shares and a total float of 48.69 million.

The losses send NL Industries Inc. down to a market cap of $102.5 million. In the last year, NL Industries Inc. has traded between $8.33 and $1.92, and its 50-day SMA is currently $2.72 and 200-day SMA is $4.77.

NL Industries Inc is a holding company and operates in the component products industry through its majority owned subsidiary, CompX International Inc. It also operates in the chemicals industry through Kronos Worldwide, Inc. CompX and Kronos.

NL Industries Inc. is based out of Dallas, TX and has some 532 employees. Its CEO is Robert D. Graham.

For a complete fundamental analysis analysis of NL Industries Inc., check out Equities.com’s Stock Valuation Analysis report for NL. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

H-Source Holdings Ltd.

H-Source Holdings Inc. is a technology company operating within the healthcare industry through its subsidiary, H-Source, Inc. The Company has developed a transaction platform that provides a private, secure and…

Private Markets

8tracks

Our mission is to be the best place for people who care about music to create and discover thoughtfully curated playlists. In essence, 8tracks is a platform for online mixtapes.

Pinterest

Pinterest is a visual discovery and planning tool. Users ("Pinners") use the site and apps to get ideas for their future, such as recipes, places to travel, and products to…