I'd wait till it gets a little closer to that 200 day MA. Like $65-67 maybe. Its gonna be a sleepy stock in the absence of any news, they just reported. Plus they make money and they don't pay a dividend. Is there a stock buyback in place? If there's upside, I'd wait till it takes out the 50 day at $72.50.Ingevity: Purify, Protect and Enhance
Ingevity provides products and technologies that purify, protect, and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in two reporting segments: Performance Chemicals, which includes specialty chemicals and engineered polymers; and Performance Materials, which includes high-performance activated carbon. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks, coatings, elastomers, bioplastics and automotive components that reduce gasoline vapor emissions.
Decent books, about 1B debt. Interest rate hike will hurt it. It's a cyclical so... ahhhh.... I'd look elsewhere.