Lydall Inc. (LDL) Plunges 6.27% on January 03

Lydall Inc. (LDL) Plunges 6.27% on January 03

Lydall Inc. (LDL) had a rough trading day for Thursday January 03 as shares tumbled 6.27%, or a loss of $-1.34 per share, to close at $20.02. After opening the day at $21.15, shares of Lydall Inc. traded as high as $21.15 and as low as $19.99. Volume was 148,055 shares over 1,353 trades, against an average daily volume of 133,050 shares and a total float of 17.41 million.

As a result of the decline, Lydall Inc. now has a market cap of $348.5 million.

The stock has a P/E Ratio of 8.6.

Lydall Inc, through its subsidiaries, designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices. The company’s products are primarily sold directly to customers through an internal sales force and distributed via common carrier. Its reportable segments were Performance Materials, Technical Nonwovens, Thermal/Acoustical Metals, and Thermal/Acoustical Fibers. It derives most of its revenues from the United States of America.

Lydall Inc. is based out of Manchester, CT and has some 2,600 employees. Its CEO is Dale G. Barnhart.

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