Shares of Ingevity Corporation (NYSE:NGVT) traded at a new 52-week high today of $89.40. So far today approximately 65,000 shares have been exchanged, as compared to an average 30-day volume of 260,000 shares.
Ingevity Corporation (NYSE:NGVT) defies analysts with a current price ($88.86) 2.6% above its average consensus price target of $86.53.
In the past 52 weeks, shares of Ingevity Corporation have traded between a low of $41.52 and a high of $89.40 and is now at $88.86, which is 114% above that low price.
Ingevity Corp is a chemical manufacturer based in the United States. It conducts its operations through two segments, namely Performance Chemicals and Performance Materials. The bulk of its revenue is generated by the Performance Chemicals segment which deals with the manufacture and sale of specialty chemicals which find their use in a range of processes such as asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, and publication inks. The Performance Materials segment, on the other hand, focusses on automotive carbon products used in automobiles. The Company sells its products worldwide, with special emphasis on North America.
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