Innospec (NASDAQ:IOSP – Get Free Report) is expected to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $1.36 per share and revenue of $447.43 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Innospec Trading Up 0.0 %
NASDAQ IOSP opened at $110.99 on Tuesday. The firm has a market capitalization of $2.77 billion, a PE ratio of 19.37 and a beta of 1.09. The business’s 50-day moving average price is $112.57 and its two-hundred day moving average price is $113.43. Innospec has a 12 month low of $103.65 and a 12 month high of $133.71.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut Innospec from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 11th.
Insider Activity
In other news, Director Milton C. Blackmore sold 1,035 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $122.92, for a total value of $127,222.20. Following the completion of the sale, the director now directly owns 9,028 shares of the company’s stock, valued at $1,109,721.76. This represents a 10.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.52% of the company’s stock.
Innospec Company Profile
Innospec Inc develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally. The company's Fuel Specialties segment offers a range of specialty chemical products that are used as additives in additives in diesel, jet, marine, fuel oil and other fuels.
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