Zacks Investment Research downgraded Park Electrochemical Corp. (NYSE:PKE) to Sell in a report released today.
- Updated: October 15, 2016
Zacks Investment Research has downgraded Park Electrochemical Corp. (NYSE:PKE) to Sell in a report released on 10/13/2016.
Yesterday Park Electrochemical Corp. (NYSE:PKE) traded -0.71% lower at $14.45. The company’s 50-day moving average is $16.33 and its 200-day moving average is $16.02. The last stock close price is down -12.56% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 52,403 shares of the stock were exchanged, up from an average trading volume of 40,526
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Park Electrochemical Corp. has a 52 week low of $13.65 and a 52 week high of $18.01 with a P/E ratio of 20.91 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is $18.00 with 1 broker rating the stock a strong buy, 1 broker rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Park Electrochemical Corp. (NYSE:PKE)
Park Electrochemical Corp. is a global advanced materials company. The Company develops, manufactures, markets and sells digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets. The Company operates through integrated business units in Asia, Europe and North America. The Company's manufacturing facilities are located in Singapore, France, Kansas, Arizona and California. The Company also maintains research and development facilities in Arizona, Kansas and Singapore. The Company's foreign operations are conducted principally by the Company's subsidiaries in Singapore and France.
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