The stock of Quaker Chemical Corp (NYSE:KWR) reached all time high today, Nov, 14 and still has $162.76 target or 34.00% above today’s $121.46 share price. This indicates more upside for the $1.65B company. This technical setup was reported by Barchart.com. If the $162.76 PT is reached, the company will be worth $561.00M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 63,338 shares traded hands. Quaker Chemical Corp (NYSE:KWR) has risen 39.75% since April 12, 2016 and is uptrending. It has outperformed by 34.77% the S&P500.
Quaker Chemical Corp (NYSE:KWR) Ratings Coverage
Out of 4 analysts covering Quaker Chemical Corp (NYSE:KWR), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. Quaker Chemical Corp has been the topic of 7 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The company was downgraded on Thursday, August 6 by Zacks. The firm earned “Neutral” rating on Monday, May 2 by Seaport Global. On Wednesday, January 13 the stock rating was upgraded by Seaport Global to “Accumulate”. The company was downgraded on Tuesday, February 16 by Jefferies. On Thursday, October 27 the stock rating was maintained by Wunderlich with “Hold”.
According to Zacks Investment Research, “Quaker Chemical Corp. develops, produces, and markets a broad range of formulated chemical specialty products for various heavy industrial and manufacturing applications and, in addition, offers and markets chemical management services. Quaker’s principal products and services include: rolling lubricants, corrosion preventives, metal finishing compounds, machining and grinding compounds, forming compounds, hydraulic fluids, technology for the removal of hydrogen sulfide, chemical milling maskants, construction products and programs to provide chemical management services.”
Insitutional Activity: The institutional sentiment increased to 1.6 in Q2 2016. Its up 0.65, from 0.95 in 2016Q1. The ratio improved, as 9 funds sold all Quaker Chemical Corp shares owned while 36 reduced positions. 15 funds bought stakes while 57 increased positions. They now own 10.74 million shares or 0.90% less from 10.83 million shares in 2016Q1.
Geode Cap Management Ltd last reported 0% of its portfolio in the stock. Moreover, Granahan Invest Mngmt Ma has 0.65% invested in Quaker Chemical Corp (NYSE:KWR) for 200,038 shares. Tiaa Cref Investment Mgmt Ltd Liability Com holds 41,456 shares or 0% of its portfolio. Teachers Retirement Systems Of The State Of Kentucky holds 0% of its portfolio in Quaker Chemical Corp (NYSE:KWR) for 3,900 shares. Moreover, Swiss Fincl Bank has 0% invested in Quaker Chemical Corp (NYSE:KWR) for 21,800 shares. Menta Capital Limited Liability Corporation last reported 0.05% of its portfolio in the stock. First Mercantile, a Tennessee-based fund reported 1,410 shares. Renaissance Limited Liability holds 181,100 shares or 0.03% of its portfolio. Alliancebernstein L P accumulated 0% or 19,810 shares. Hsbc Public Lc owns 2,427 shares or 0% of their US portfolio. Bard Associate Incorporated reported 29,580 shares or 1.4% of all its holdings. Next Group last reported 200 shares in the company. Marshall Wace Ltd Liability Partnership, a United Kingdom-based fund reported 7,470 shares. Ubs Asset Americas Inc has 7,377 shares for 0% of their US portfolio. Winslow Evans & Crocker accumulated 6,000 shares or 0% of the stock.
More notable recent Quaker Chemical Corp (NYSE:KWR) news were published by: Prnewswire.com which released: “Quaker Chemical Corporation Announces Appointment of New CFO” on October 22, 2015, also Prnewswire.com with their article: “Quaker Chemical Announces Third Quarter 2016 Results” published on October 26, 2016, Prnewswire.com published: “Quaker Chemical Corporation Announces Upcoming Retirements Of Patricia C …” on February 24, 2016. More interesting news about Quaker Chemical Corp (NYSE:KWR) were released by: Forbes.com and their article: “Ex-Dividend Reminder: RPM International, Quaker Chemical and Owens Corning” published on October 11, 2016 as well as Prnewswire.com‘s news article titled: “Quaker Chemical Corporation Announces Resignation of CFO” with publication date: August 25, 2015.
KWR Company Profile
Quaker Chemical Corporation, incorporated on October 20, 1930, is engaged in providing process fluids, chemical specialties and technical expertise to a range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans and others. The Firm operates through four divisions: North America, the Europe; Middle East and Africa (EMEA); Asia/Pacific, and South America. The Firm develops, produces and markets a range of formulated chemical specialty products. It offers chemical management services (CMS) for various heavy industrial and manufacturing applications.
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