2 weeks Ago By ABMN Staff
Preformed Line Products ( NASDAQ:PLPC – Get Free Report ) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 35,400 shares, a drop of 22.2% from the August 31st total of 45,500 shares.
Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 16,400 shares, the short-interest ratio is presently 2.
2 days. Preformed Line Products Stock Performance PLPC stock traded up $0.07 on Friday, hitting $130.
55. The company had a trading volume of 19,072 shares, compared to its average volume of 10,840. The stock has a market cap of $641.
00 million, a price-to-earnings ratio of 12.63 and a beta of 0.61.
The company has a current ratio of 2.93, a quick ratio of 1.57 and a debt-to-equity ratio of 0.
07. The stock’s 50-day simple moving average is $121.17 and its 200 day simple moving average is $124.
68. Preformed Line Products has a 12-month low of $104.96 and a 12-month high of $170.
83. Preformed Line Products ( NASDAQ:PLPC – Get Free Report ) last posted its quarterly earnings data on Wednesday, July 31st. The technology company reported $1.
89 EPS for the quarter. The company had revenue of $138.72 million during the quarter.
Preformed Line Products had a return on equity of 9.83% and a net margin of 6.90%.
Preformed Line Products Announces Dividend Institutional Trading of Preformed Line Products Large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its position in Preformed Line Products by 10.4% in the second quarter.
AQR Capital Management LLC now owns 17,936 shares of the technology company’s stock worth $2,234,000 after acquiring an additional 1,687 shares during the period. Apis Capital Advisors LLC purchased a new stake in shares of Preformed Line Products in the 2nd quarter worth $573,000. Renaissance Technologies LLC raised its holdings in Preformed Line Products by 0.
3% in the 2nd quarter. Renaissance Technologies LLC now owns 66,600 shares of the technology company’s stock worth $8,294,000 after purchasing an additional 200 shares during the period. American Century Companies Inc.
lifted its position in Preformed Line Products by 82.4% during the second quarter. American Century Companies Inc.
now owns 4,822 shares of the technology company’s stock valued at $601,000 after purchasing an additional 2,179 shares in the last quarter. Finally, Quest Partners LLC bought a new stake in Preformed Line Products during the second quarter valued at about $196,000. 41.
19% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In Separately, StockNews.com cut shares of Preformed Line Products from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 7th.
View Our Latest Report on Preformed Line Products Preformed Line Products Company Profile ( Get Free Report ) Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as well as bolted, welded, and compressed connectors for substations; and string hardware products, polymer insulators, wildlife protection, substation fittings, and motion control devices. Read More Receive News & Ratings for Preformed Line Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Preformed Line Products and related companies with MarketBeat.
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