Northern Technologies International CorpNTIC
Market Cap: $118M
About: Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.
Employees: 210
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
750% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 4
77% more funds holding
Funds holding: 39 [Q1] → 69 (+30) [Q2]
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
48% more capital invested
Capital invested by funds: $44.2M [Q1] → $65.5M (+$21.3M) [Q2]
7.09% more ownership
Funds ownership: 34.92% [Q1] → 42.01% (+7.09%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Northland Capital Markets Gus Richard 43% 1-year accuracy 9 / 21 met price target | 60%upside $20 | Outperform Maintained | 12 Jul 2024 |