Ingevity Corporation (NGVT): A Bull Case Theory

We came across a bullish thesis on Ingevity Corporation (NGVT) on ValueInvesting subreddit page by Conscious_Lack_6923. In this article, we will summarize the bulls’ thesis on NGVT. Ingevity Corporation share was trading at $33.80 as of Oct 21^st. NGVT’s forward P/E was 9.97 according to Yahoo Finance.

[caption id="attachment_1205348" align="aligncenter" width="768"] A laboratory technician pouring a specialty blend of industrial chemicals into a beaker.[/caption]

Ingevity Corp has seen its stock price fall by 26% this year, hitting all-time lows, which may present a solid swing...