The stock of Quaker Chemical Corp (NYSE:KWR) reached all time high today, Oct, 28 and still has $155.95 target or 47.00% above today’s $106.09 share price. This indicates more upside for the $1.46 billion company. This technical setup was reported by Barchart.com. If the $155.95 PT is reached, the company will be worth $686.20M 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 27,004 shares traded hands. Quaker Chemical Corp (NYSE:KWR) has risen 27.76% since March 28, 2016 and is uptrending. It has outperformed by 23.05% 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 rating was downgraded by Zacks to “Buy” on Thursday, August 6. On Tuesday, February 16 the stock rating was downgraded by Jefferies to “Hold”. The rating was maintained by Wunderlich on Thursday, October 27 with “Hold”. On Monday, May 2 the stock rating was downgraded by Seaport Global to “Neutral”. The rating was upgraded by Seaport Global to “Accumulate” on Wednesday, January 13.
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 2016 Q2. Its up 0.65, from 0.95 in 2016Q1. The ratio is positive, 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.
Aperio Group Inc Limited Liability last reported 3,812 shares in the company. Swiss Retail Bank holds 0% of its portfolio in Quaker Chemical Corp (NYSE:KWR) for 21,800 shares. Vanguard Grp Incorporated Incorporated owns 1.02M shares or 0.01% of their US portfolio. Pub Sector Pension Invest Board holds 0.01% of its portfolio in Quaker Chemical Corp (NYSE:KWR) for 9,231 shares. The New York-based Metropolitan Life Ins Company Ny has invested 0.01% in Quaker Chemical Corp (NYSE:KWR). Moreover, Bryn Mawr Tru Co has 0.3% invested in Quaker Chemical Corp (NYSE:KWR) for 53,764 shares. Ls Invest Advsr Limited Liability Corp holds 0% or 467 shares in its portfolio. Parametric Associate Lc owns 20,454 shares or 0% of their US portfolio. Moreover, Archford Strategies Ltd Liability Corp has 0% invested in Quaker Chemical Corp (NYSE:KWR) for 38 shares. Arizona State Retirement System holds 6,921 shares or 0.01% of its portfolio. Pnc Financial Svcs Grp last reported 15,538 shares in the company. New York State Common Retirement Fund, a New York-based fund reported 13,900 shares. Manufacturers Life Ins The has 0% invested in the company for 8,598 shares. Commonwealth Equity Svcs has invested 0% of its portfolio in Quaker Chemical Corp (NYSE:KWR). Amer Grp Inc reported 9,674 shares or 0% of all its holdings.
Insider Transactions: Since May 6, 2016, the stock had 0 insider buys, and 1 sale for $128,370 net activity. $128,370 worth of Quaker Chemical Corp (NYSE:KWR) was sold by PLATZER L WILBERT.
More recent Quaker Chemical Corp (NYSE:KWR) news were published by: Prnewswire.com which released: “Quaker Chemical Announces Third Quarter 2016 Results” on October 26, 2016. Also Forbes.com published the news titled: “Ex-Dividend Reminder: RPM International, Quaker Chemical and Owens Corning” on October 11, 2016. Prnewswire.com‘s news article titled: “Quaker Chemical Corporation Announces Appointment of New CFO” with publication date: October 22, 2015 was also an interesting one.
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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