Quaker Chemical Corp (KWR): L Wilbert Platzer , VP & Managing Dtr – EMEA of Quaker Chemical Corp sold 1,500 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $85.58 per share for a total value of $128,370.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 26, 2016, Joseph F Matrange (VP – Global Coatings) sold 4,000 shares at $90.00 per share price.On Mar 8, 2016, Michael F Barry (Chairman, CEO and President) sold 14,000 shares at $83.01 per share price.Also, On Dec 2, 2015, D Jeffry Benoliel (VP – MW, Can and Mining) sold 2,000 shares at $85.53 per share price.On Nov 24, 2015, Donald R Caldwell (director) sold 500 shares at $82.88 per share price.
Quaker Chemical Corp: On Friday, May 6, 2016 heightened volatility was witnessed in Quaker Chemical Corp which led to swings in the share price. The shares opened for trading at $85.35 and hit $87.13 on the upside , eventually ending the session at $87.1, with a gain of 2.04% or 1.74 points. The heightened volatility saw the trading volume jump to 1,13,353 shares. The 52-week high of the share price is $95.74 and the company has a market cap of $1,153 M . The 52-week low of the share price is at $68.2.
Company has been under the radar of several Street Analysts.Quaker Chemical Corp is Downgraded by Jefferies to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 16, 2016.
Quaker Chemical Corporation is engaged in providing process fluids and chemical specialties to a range of industries including steel aluminum automotive mining aerospace tube and pipe cans and others. The Company develops produces and markets a range of formulated chemical specialty products. It offers chemical management services (CMS) for various heavy industrial and manufacturing applications. The Company operates through four segments: North America the Europe Middle East and Africa (EMEA) Asia/Pacific and South America. The Companys principal products and services include rolling lubricants corrosion preventives metal finishing compounds machining and grinding compounds forming compounds bio-lubricants hydraulic fluids chemical milling maskants construction products specialty greases die casting lubricants and programs to provide chemical management services.