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Innospec (NASDAQ:IOSP) Reaches New 1-Year High Following Strong Earnings
['Patrick Bannon']
Daily Political
Innospec Inc. (NASDAQ:IOSP – Get Free Report) hit a new 52-week high on Wednesday following a stronger than expected earnings report.
The specialty chemicals company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.05 by $0.22.
Nuveen LLC now owns 502,603 shares of the specialty chemicals company’s stock worth $38,469,000 after purchasing an additional 91,326 shares during the period.
Innospec Stock Up 7.3%The stock has a market capitalization of $2.29 billion, a PE ratio of 20.22, a P/E/G ratio of 2.36 and a beta of 0.93.
About Innospec(Get Free Report)Innospec Incorporated (NASDAQ: IOSP) is a global specialty chemicals company headquartered in Cleveland, Ohio.