The stock of Quaker Chemical Corp (NYSE:KWR) reached all time high today, Nov, 7 and still has $146.66 target or 36.00% above today’s $107.84 share price. This indicates more upside for the $1.41B company. This technical setup was reported by Barchart.com. If the $146.66 PT is reached, the company will be worth $507.60M 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 19,423 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. Zacks downgraded the stock to “Buy” rating in Thursday, August 6 report. Jefferies downgraded the shares of KWR in a report on Tuesday, February 16 to “Hold” rating. Wunderlich maintained it with “Hold” rating and $115 target price in Thursday, October 27 report. The rating was upgraded by Seaport Global on Wednesday, January 13 to “Accumulate”. On Monday, May 2 the stock rating was downgraded by Seaport Global to “Neutral”.
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.
Stanley holds 23,200 shares or 0.81% of its portfolio. Blackrock Invest Management Limited last reported 0.01% of its portfolio in the stock. Renaissance Technologies Limited Liability Corp accumulated 181,100 shares or 0.03% of the stock. Royal Savings Bank Of Canada has 7,515 shares for 0% of their US portfolio. State Board Of Administration Of Florida Retirement holds 0% or 6,241 shares in its portfolio. Profund Advsr Ltd Liability Corp holds 2,748 shares or 0.01% of its portfolio. Moreover, Ameriprise Finance has 0% invested in Quaker Chemical Corp (NYSE:KWR) for 69,480 shares. Teachers Advsrs holds 0% of its portfolio in Quaker Chemical Corp (NYSE:KWR) for 24,589 shares. Hsbc Holdg Public Ltd Liability Com accumulated 2,427 shares or 0% of the stock. Jacobs Levy Equity Management last reported 9,883 shares in the company. Principal Group holds 0.01% of its portfolio in Quaker Chemical Corp (NYSE:KWR) for 93,530 shares. Deutsche Bank & Trust Ag has 40,173 shares for 0% of their US portfolio. Copeland Capital Ltd Limited Liability Company last reported 170,953 shares in the company. Credit Suisse Ag, a Switzerland-based fund reported 11,282 shares. Strs Ohio accumulated 8,200 shares or 0% of the stock.
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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