Northern Technologies Q3: Normal Results, But The Stock Remains Unattractive

olaser/E+ via Getty Images As we will see, NTIC's fiscal Q3 results were not out of the ordinary. However, the stock was trading down 7% despite a mainly positive day for small caps. I believe this partly evidences the risk I commented about in my previous article, that a high P/E requires excellent results to be sustained and that even ordinary results can lead to capital losses. Industrials down with Europe leading the fall: NTIC's largest segment, industrial anti-corrosion, posted revenues down about 1.5 ...