Quaker Chemical Corp. (KWR) is Trading Lower on Unusual Volume for February 16

Equities Staff |

Quaker Chemical Corp. (KWR) experienced unusually high volume on Feb. 16, as the stock lost 2.42% to a closing price of $71.52. The stock saw 116,459 shares trade hands over the course of the day on 1,081 trades. Given that the stock’s average daily volume over the last month has been 65,423 shares a day, this represents a pretty substantial spike over the norm.

Quaker Chemical Corp. has a P/B ratio of 2.58. It also has a P/E ratio of 18.6. The stock has traded between $95.74 and $68.20 over the last 52-weeks, its 50-day SMA is now $75.14, and its 200-day SMA $80.63.

Quaker Chemical Corp develops, produces, and markets formulated chemical specialty products for heavy industrial and manufacturing applications. The Company also engages in the marketing of chemical management services.

Headquartered in Conshohocken, PA, Quaker Chemical Corp. has 2,011 employees and is currently under the leadership of CEO Michael F. Barry.

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

THE IMPORTANCE OF THE RUSSELL 3000

The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

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

AfterMaster Inc

Studio One Media Inc is a diversified media and technology company. It is engaged in the development and commercialization of proprietary, edge audio and video technologies for professional and consumer…

Private Markets

Almond Smart Home Router by Securifi

Securifi sells user friendly touch screen routers that also have support for IoT/home automation.Securifi’s Almond revolutionized wireless router setup with its easy to use Touchscreen Interface in 2012. Now our…

Initial State

Initial State is an Internet of Things (IoT) data analytics & data management platform company. We turn sensor and event data into information that matters by making it easy to…