Zacks Investment Research downgraded Platform Specialty Products Corp (NYSE:PAH) to Sell in a report released today.
- Updated: October 5, 2016
Zacks Investment Research has downgraded Platform Specialty Products Corp (NYSE:PAH) to Sell in a report released on 10/05/2016.
Yesterday Platform Specialty Products Corp (NYSE:PAH) traded 3.14% higher at $7.49. The company’s 50-day moving average is $8.79 and its 200-day moving average is $9.07. The last stock close price is down -16.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,245,576 shares of the stock were exchanged, down from an average trading volume of 2,242,840
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Platform Specialty Products Corp has a 52 week low of $5.25 and a 52 week high of $14.87 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 7 firms have issued a report on the stock. The consensus target price is $10.43 with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Platform Specialty Products Corp (NYSE:PAH)
Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, the Asia-Pacific, and Europe. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers plating products that are used to plate holes; electroless nickel products, which are applied to metal and plastic surfaces; electronic assembly materials for use in the electronic market and residential boiler systems; final finishes that are used on printed circuit boards; circuit formation products for surface preparation; oxides, which are used in the fabrication of multilayer circuit boards; semiconductor materials and packaging products; and pre-treatment and cleaning solutions. It also provides functional conversion coatings that are applied to metals to enhance corrosion resistance and paint adhesion; hard-coated films, which are used for the membrane switch in the touch screen markets; production and drilling fluids used in subsea control systems; solid sheet printing elements for use in flexographic printing and platemaking processes; liquid products to produce printing plates; and printing equipment. The Agricultural Solutions segment offers fungicides and biofungicides to prevent the spread of fungi and other diseases in crops; herbicides to control unwanted plants; insecticides, bioinsecticides, and acaricides; biostimulants and innovative nutrition products; and seed treatment products, which are applied to seed before planting, as well as animal health products, such as honey bee protective miticides and veterinary vaccines. The company was formerly known as Platform Acquisition Holdings Limited and changed its name to Platform Specialty Products Corporation in October 2013. Platform Specialty Products Corporation was founded in 1922 and is headquartered in West Palm Beach, Florida.
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