From MarketBeat:

National Presto Industries, Inc. (NYSE:NPK) saw a significant 23.7% increase in short interest in December, with 133,500 shares sold short. Institutional investors, including hedge funds, increased their stakes in the company, with 57.03% of the stock now owned by them. StockNews.com gave National Presto Industries a “buy” rating, leading to a 0.5% increase in the company’s stock. The company last reported earnings of $0.99 per share on $83.14 million in revenue. National Presto Industries has a P/E ratio of 24.36. Market capitalization is $570.97 million, and the company has a 0.57 beta.
National Presto Industries provides housewares, small electrical appliances, defense, and safety products in North America, including pressure cookers, skillets, slow cookers, fryers, waffle makers, dehydrators, and electric knife sharpeners. This news alert was generated by narrative science technology and MarketBeat’s financial data.
Furthermore, MarketBeat has identified five stocks favored by top-rated analysts. National Presto Industries currently has a “hold” rating among analysts, but the top-rated analysts have different recommendations.



Read more: National Presto Industries, Inc. (NYSE:NPK) Sees Large Growth in Short Interest