IN

Ingevity

NGVT
NYSEMaterials
$76.14
USD
+3.07(+4.20%)
At close: Apr 30, 17:06 UTC
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Open

$75.98

Prev. Close

$75.98

High

$76.15

Low

$75.98

Market Snapshot

Market Cap

$2.63B

P/E Ratio

-15.7

EPS

-11.84

Revenue

$1.33B

Why NGVT moved

Ingevity's stock surged 5.91% this month, reflecting a 126.28% annual return, as investors reassess the company's valuation following recent strategic shifts in operations.

About

Ingevity Corp. engages in the manufacture of specialty chemicals and carbon materials. The company is headquartered in North Charleston, South Carolina and currently employs 1,500 full-time employees. The company went IPO on 2016-05-02. The firm operates in three reporting segments: Performance Materials, Advanced Polymer Technologies, and Performance Chemicals. The Performance Materials segment manufactures products in the form of powder, granular, extruded pellets, extruded honeycombs, and activated carbon sheets. Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers for use in coatings, resins, elastomers, adhesives, bioplastics, and medical devices. Performance Chemicals includes specialty chemicals and pavement technologies. The Company’s products are used in a variety of demanding applications, including adhesives, agrochemicals, asphalt paving, certified biodegradable bioplastics, coatings, elastomers, pavement markings and automotive components.

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