Use NL Industri to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly
1 Month Beta ..........
1.59
As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, NL Industri will likely underperform.
Steven Watson Director, CEO of Valhi Inc, CEO of Kronos Worldwide and President of Contran Corporate and President of Valhi Inc, Director of Valhi Inc and Director of Contran Corporate
The median price of NL Industri for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 12.95 with a coefficient of variation of 4.99. The daily time series for the period is distributed with a sample standard deviation of 0.65, arithmetic mean of 13.06, and mean deviation of 0.55. The Stock received some media coverage during the period.
NL Industries Inc. [NL] is traded on American Stock Exchange in USA. It is located in Dallas, TX and employs 794 people. The company currently falls under 'Small-Cap' category with market capitalization of 601.95 M. NL Industries Inc. is active under Basic Materials sector as part of Synthetics industry. This company has 48.66 M outstanding shares of which 232.44 K shares are now sold short in the market by investors with about 9.6 days to cover all shorted shares.
NL Industri Liquidity
N L INDS reports about 4.96 M in cash with 29.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
The company reports 38.73 M of total liabilities with total debt to equity ratio (D/E) of 0.09 which may suggest the company is not taking enough advantage from financial leverage. NL Industries Inc. has Current Ratio of 1.2 indicating that it may not be capable to disburse its debt commitments in time.