20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
- EnPro Industries, Inc. (NYSE:NPO) completed the sale of Compressor Products Internationa Inc. (CPI) to Howden Group for $195 million.
- The sale furthers EnPro's portfolio reshaping strategy as it transforms towards industrial technology businesses serving secular growth markets.
- EnPro expects to use after-tax net proceeds of ~$170 million to reduce debt incurred to partially fund the recently completed acquisition of NxEdge, which is expected to reduce net leverage ratio to 3.3x net debt to trailing-twelve-month adjusted EBITDA.
- Price Action: NPO shares are trading higher by 2.13% at $108.62 on the last check Wednesday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!