Notable Price Action: How Analysts Feel About Quaker Chemical Corp After Reaching 52-Week High?

Notable Price Action: How Analysts Feel About Quaker Chemical Corp After Reaching 52 Week High?

The stock of Quaker Chemical Corp (NYSE:KWR) hit a new 52-week high and has $145.94 target or 36.00% above today’s $107.31 share price. The 5 months bullish chart indicates low risk for the $1.41B company. The 1-year high was reported on Nov, 7 by Barchart.com. If the $145.94 price target is reached, the company will be worth $507.60M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 37,323 shares traded hands. Quaker Chemical Corp (NYSE:KWR) has risen 27.44% since April 5, 2016 and is uptrending. It has outperformed by 25.49% 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 firm has “Buy” rating by Zacks given on Thursday, August 6. The rating was downgraded by Seaport Global on Monday, May 2 to “Neutral”. The rating was maintained by Wunderlich on Thursday, October 27 with “Hold”. On Tuesday, February 16 the stock rating was downgraded by Jefferies to “Hold”. Seaport Global upgraded the shares of KWR in a report on Wednesday, January 13 to “Accumulate” rating.

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 increased, 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.
Commonwealth Equity holds 0% or 3,367 shares in its portfolio. Us National Bank & Trust De owns 34 shares or 0% of their US portfolio. Blackrock owns 2,121 shares or 0% of their US portfolio. Voya Investment Mngmt Ltd Limited Liability Company has invested 0% of its portfolio in Quaker Chemical Corp (NYSE:KWR). Hightower Advsrs Limited Liability Co has invested 0.02% of its portfolio in Quaker Chemical Corp (NYSE:KWR). Kwmg Lc accumulated 7,265 shares or 0.35% of the stock. New York State Teachers Retirement System last reported 31,692 shares in the company. Ladenburg Thalmann Financial Incorporated accumulated 16 shares or 0% of the stock. Pinebridge Invs L P holds 0.01% of its portfolio in Quaker Chemical Corp (NYSE:KWR) for 1,679 shares. Teachers Retirement System Of The State Of Kentucky, a Kentucky-based fund reported 3,900 shares. Moreover, Texas Permanent School Fund has 0.01% invested in Quaker Chemical Corp (NYSE:KWR) for 10,121 shares. Ameriprise Finance accumulated 0% or 69,480 shares. Deutsche Financial Bank Ag holds 40,173 shares or 0% of its portfolio. Huntington Commercial Bank holds 0.01% of its portfolio in Quaker Chemical Corp (NYSE:KWR) for 3,523 shares. Credit Suisse Ag holds 11,282 shares or 0% of its portfolio.

More important 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 Prnewswire.com published article titled: “Quaker Chemical Corporation Announces Appointment of New CFO”, Forbes.com published: “Ex-Dividend Reminder: RPM International, Quaker Chemical and Owens Corning” on October 11, 2016. More interesting news about Quaker Chemical Corp (NYSE:KWR) was released by: Prnewswire.com and their article: “Quaker Chemical Corporation Announces Upcoming Retirements Of Patricia C …” with publication date: February 24, 2016.

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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