Preformed Line Products Company (PLPC) Earns Daily Coverage Optimism Score of 0.31

Headlines about Preformed Line Products Company (NASDAQ:PLPC) have been trending positive on Friday, according to Alpha One Sentiment. The research group, a division of Accern, identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Preformed Line Products Company earned a news impact score of 0.31 on Alpha One’s scale. Alpha One also gave news articles about the technology company an impact score of 90 out of 100, meaning that recent news coverage is very likely to have an effect on the company’s share price in the next few days.

Separately, TheStreet cut Preformed Line Products Company from a “b” rating to a “c+” rating in a research note on Friday, May 12th.

Shares of Preformed Line Products Company (PLPC) traded up 0.19% during midday trading on Friday, reaching $47.20. The company had a trading volume of 29,290 shares. The company’s 50-day moving average is $48.81 and its 200-day moving average is $51.90. Preformed Line Products Company has a 1-year low of $35.81 and a 1-year high of $61.21. The stock has a market capitalization of $241.57 million, a PE ratio of 17.19 and a beta of 1.17.

Preformed Line Products Company (NASDAQ:PLPC) last posted its quarterly earnings data on Friday, May 5th. The technology company reported $0.30 EPS for the quarter. Preformed Line Products Company had a return on equity of 6.25% and a net margin of 4.12%. The firm had revenue of $84.57 million for the quarter. On average, equities research analysts forecast that Preformed Line Products Company will post $3.05 EPS for the current year.

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About Preformed Line Products Company

Preformed Line Products Company (PLPC) is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators and information industries. The Company’s products include Formed Wire and Related Hardware Products, Protective Closures, Plastic Products and Other Products.

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