Alert: Major Price Advance (4/1/24)-NL Industries Inc. (NYSE: NL).


On 4/1/24, NL Industries Inc. (NYSE: NL) stock enjoyed a major increase of 11.1%, closing at $8.14. Moreover, exceptionally high trading volume at 330% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 14.3% during the last week.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, NL is expected to continue to be a modest Value Builder.

NL Industries has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. NL Industries has a slightly positive Appreciation Score of 62 and a good Power Rating of 71, and the Positive Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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