Northern Techn Stock Price, News & Analysis
Company Description
Northern Technologies International Corporation (NASDAQ: NTIC) develops and markets proprietary, environmentally beneficial products and services. According to company disclosures, NTIC focuses on corrosion prevention solutions and bio-based and biodegradable polymer resin compounds, serving industrial and consumer markets in more than 65 countries through subsidiaries, joint ventures, independent distributors, and agents. The company’s activities place it within the broader manufacturing sector and are connected to plastics material and resin manufacturing through its polymer-based product lines.
NTIC organizes its business around two primary product families. The first is its ZERUST corrosion prevention products and services, which represent the company’s main business. These rust and corrosion inhibiting offerings are marketed under the ZERUST brand and are used by customers in markets such as automotive, electronics, electrical, mechanical, military, mining, agricultural, general industrial, and retail consumer applications. NTIC has been selling its proprietary ZERUST rust and corrosion inhibiting products and services for over 50 years, and in recent years has expanded the use of ZERUST solutions into the oil and gas industry.
The second key product family is Natur-Tec (also described as Natur-Tec® in company materials), a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products. These products are marketed under the Natur-Tec brand and reflect NTIC’s emphasis on environmentally beneficial materials in addition to its corrosion prevention focus. Company information indicates that ZERUST-branded corrosion prevention products generate a majority of NTIC’s revenue, with Natur-Tec products contributing a meaningful but smaller share.
Business model and global reach
NTIC’s business model combines product sales with technical services. The company develops proprietary formulations and systems, then markets them worldwide either directly or through a network of subsidiaries, joint ventures, distributors, and agents. Public disclosures state that NTIC operates in over 65 countries, highlighting a broad international footprint. In addition to selling materials and finished products, NTIC provides on-site technical consulting for rust and corrosion prevention issues.
NTIC’s technical service consultants work directly with end users of its products to analyze specific corrosion challenges and develop systems to meet technical requirements. This service-oriented approach is described as worldwide in scope and is closely tied to the deployment and optimization of ZERUST solutions in industrial and oil and gas environments. The company also participates in joint ventures, which generate net sales and operating income that are reported separately from NTIC’s consolidated financial results.
ZERUST corrosion prevention solutions
Company descriptions consistently identify ZERUST as NTIC’s primary business. ZERUST products and services are designed for rust and corrosion prevention and are used in multiple sectors. NTIC reports that it has sold proprietary ZERUST rust and corrosion inhibiting products and services to the automotive, electronics, electrical, mechanical, military, mining, agricultural, general industrial, and retail consumer markets for decades. More recently, NTIC has targeted and expanded into the oil and gas industry, where ZERUST oil and gas solutions address corrosion in energy-related infrastructure.
Within its reported financial information, NTIC distinguishes between ZERUST industrial net sales and ZERUST oil and gas net sales. ZERUST industrial net sales relate to corrosion prevention in traditional industrial and manufacturing settings, while ZERUST oil and gas net sales relate to corrosion protection for oil and gas applications. The company has highlighted record levels of ZERUST industrial and ZERUST oil and gas net sales in certain quarters, underscoring the importance of these categories to its overall performance.
NTIC has also disclosed that its ZERUST oil and gas business includes specialized corrosion solutions for offshore environments. For example, its majority-owned subsidiary in Brazil, Zerust Prevenção de Corrosão S.A. (Zerust Brazil), secured a multi-year contract to provide corrosion protection solutions for floating production storage and offloading (FPSO) units. This illustrates how ZERUST technology is applied in complex energy infrastructure projects.
Natur-Tec bio-based and biodegradable polymers
In addition to corrosion prevention, NTIC markets and sells a portfolio of bio-based and biodegradable polymer resin compounds and finished products under the Natur-Tec brand. Company information describes these products as environmentally beneficial, with a focus on bio-based and compostable materials. Natur-Tec net sales are reported as a separate category in NTIC’s financial disclosures, reflecting the importance of this product line as a distinct business segment alongside ZERUST.
While ZERUST generates the majority of revenue, Natur-Tec contributes a significant share of consolidated net sales. Natur-Tec products align with broader interest in bio-based and biodegradable materials, but NTIC’s public descriptions focus specifically on the polymer resin compounds and finished products it sells under the Natur-Tec name, without detailing individual product types.
Revenue composition and segments
NTIC’s public financial reports break down net sales by product category into ZERUST industrial, ZERUST oil and gas, and total Natur-Tec net sales. These categories roll up into total ZERUST net sales and total net sales. Company disclosures indicate that ZERUST-branded corrosion prevention products account for a substantial majority of total net sales, with Natur-Tec representing the remaining portion.
NTIC also reports net sales and operating income from its joint ventures, which are not consolidated into NTIC’s own net sales but are discussed as part of its overall business performance. These joint ventures operate in various international markets and contribute to NTIC’s global presence in corrosion prevention and environmentally beneficial products.
Market presence and end markets
According to repeated company descriptions, NTIC serves a wide range of end markets. In corrosion prevention, ZERUST products and services are used by customers in automotive, electronics, electrical, mechanical, military, mining, agricultural, general industrial, and retail consumer sectors. NTIC has also expanded ZERUST into the oil and gas industry, including offshore oil and gas projects. These markets reflect the broad applicability of corrosion prevention solutions across manufacturing, transportation, defense, energy, and consumer supply chains.
On the materials side, Natur-Tec products position NTIC within bio-based and biodegradable polymer applications. While the company does not enumerate specific customer segments for Natur-Tec in the provided materials, it emphasizes that these products are marketed as environmentally beneficial polymer resin compounds and finished products.
Stock listing and investor information
Northern Technologies International Corporation’s common stock trades on the NASDAQ under the ticker symbol NTIC. The company issues regular press releases regarding quarterly and annual financial results, dividends, and significant contracts. It has announced recurring quarterly cash dividends of a stated per-share amount in multiple periods, reflecting a practice of returning a portion of capital to shareholders.
NTIC also hosts conference calls and webcasts in connection with its earnings releases. These events are described in press releases and are intended for investors, analysts, and other interested parties who wish to hear management discuss financial results and business outlook. Detailed financial information, including net sales by product category and joint venture performance, is provided in earnings releases and in filings with the U.S. Securities and Exchange Commission (SEC).
Risk disclosures and regulatory reporting
NTIC’s press releases include summaries of risk factors and forward-looking statement disclaimers, referring readers to its annual reports on Form 10-K and quarterly reports on Form 10-Q filed with the SEC. These filings contain more detailed information on risks associated with international operations, exposure to exchange rate fluctuations, tariffs and trade regulation, economic conditions, supply chain disruptions, dependence on joint ventures, competition, and regulatory compliance related to environmental, health, and safety matters.
Investors researching NTIC stock can review these SEC filings for a deeper understanding of the company’s operations, financial condition, and risk profile. NTIC also uses non-GAAP financial measures in some of its communications and provides reconciliations to the most directly comparable GAAP measures in its releases.
How NTIC fits within manufacturing and materials
Within the manufacturing sector, Northern Technologies International Corporation is associated with plastics material and resin manufacturing through its corrosion prevention and polymer-based product lines. ZERUST corrosion inhibiting products and services are tied to the protection of metal components and equipment, while Natur-Tec products are based on bio-based and biodegradable polymer resin compounds. Together, these activities connect NTIC to industrial materials, protective packaging, and environmentally focused polymer applications.
FAQs about Northern Technologies International Corporation (NTIC)
- What does Northern Technologies International Corporation do?
Northern Technologies International Corporation develops and markets proprietary, environmentally beneficial products and services. Its primary business is corrosion prevention marketed mainly under the ZERUST brand, and it also sells bio-based and biodegradable polymer resin compounds and finished products under the Natur-Tec brand. - What are NTIC’s main product lines?
NTIC focuses on two main product families: ZERUST rust and corrosion inhibiting products and services, and Natur-Tec bio-based and biodegradable polymer resin compounds and finished products. - Which markets use ZERUST corrosion prevention products?
According to company descriptions, ZERUST products and services are used in automotive, electronics, electrical, mechanical, military, mining, agricultural, general industrial, and retail consumer markets, and have also been expanded into the oil and gas industry. - What is Natur-Tec?
Natur-Tec is NTIC’s portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products. These materials are marketed as environmentally beneficial and represent a distinct product category alongside ZERUST corrosion prevention solutions. - How does NTIC serve customers globally?
NTIC states that it develops and markets its products and services in over 65 countries, either directly or via a network of subsidiaries, joint ventures, independent distributors, and agents. It also provides worldwide on-site technical consulting for rust and corrosion prevention issues. - What role do technical service consultants play at NTIC?
NTIC’s technical service consultants work directly with end users of its products to analyze their specific rust and corrosion prevention needs and develop systems to meet their technical requirements. This consulting is described as worldwide in scope. - How important is the ZERUST brand to NTIC’s revenue?
Company information indicates that NTIC’s primary business is corrosion prevention marketed mainly under the ZERUST brand and that ZERUST-branded products generate a vast majority of the company’s revenue. - Does NTIC operate in the oil and gas industry?
Yes. NTIC reports that it has more recently targeted and expanded its ZERUST corrosion prevention business into the oil and gas industry, including specialized solutions for offshore environments through its subsidiary Zerust Brazil. - On which exchange does NTIC trade and what is its ticker symbol?
Northern Technologies International Corporation’s common stock trades on the NASDAQ under the ticker symbol NTIC. - Where can investors find more detailed information about NTIC?
Investors can review NTIC’s press releases and its filings with the U.S. Securities and Exchange Commission, including annual reports on Form 10-K and quarterly reports on Form 10-Q, which provide detailed information on its operations, financial results, and risk factors.
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Short Interest History
Short interest in Northern Techn (NTIC) currently stands at 20.8 thousand shares, up 12.7% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has decreased by 84.9%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Northern Techn (NTIC) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 88.7% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 10.6 days.