N S GROUP INC (NYSE:NSS)
Ninth and Lowell Streets Newport, KY 41072 Phone: (606) 292-6809 Fax: (606) 292-0593
Industry: Iron & Steel Sector: Basic Materials Employees: 1,774
Officers: Clifford R. Borland, Chmn./CEO Paul C. Borland Jr., Pres./COO John R. Parker, VP/CFO/Treas. Thomas J. Depenbrock, VP/Contr.
Business Summary
NS Group is engaged in two industry segments: the specialty steel segment and the adhesives segment producing specialty steel products, and water-borne and solvent-borne adhesives. For the nine months ended 6/28/97, net sales rose 17% to $349.1 million. Net income totalled $7.3 million vs. a loss of $6.6 million. Results reflect higher shipments and selling prices of welded tubular steel, and higher margins at Newport due to higher prices, operating efficiencies and cost reductions.
Price and Volume (updated Dec 26, 1997)
52-Week Low: $4.125 Recent Price: $14.563 52-Week High: $41.375 Beta: 1.65 Daily Volume (3-month avg) 484.2K
Share-Related Items Market Capitalization $306.1M Shares Outstanding 21.0M Float 16.4M Annual Dividend - none
Company info at Yahoo: quote.yahoo.com More share-related information: biz.yahoo.com Yahoo NSS message board: messages.yahoo.com
Recent announcement: NS Group 7.63pct stake held by Everest
WASHINGTON, Dec 30 (Reuters) - Everest Capital Ltd said Tuesday it holds a 7.63 percent stake, or 1,778,100 common shares, in NS Group Inc.
In a filing with the U.S. Securities and Exchange Commission, Hamilton, Bermuda-based Everest said it holds shares in NS Group for investment purposes.
Everest said it acquired the shares between Dec. 15 and Dec. 23 at $13.57 to $17.33 each.
More Related News: quote.yahoo.com
** EARNINGS DUE 1/12/1998! May be an interesting play into mid-20s.
Any stockholders? |