Headlines about Preformed Line Products Company (NASDAQ:PLPC) have trended somewhat positive this week, Alpha One Sentiment Analysis reports. The research group, a unit of Accern, ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Preformed Line Products Company earned a media sentiment score of 0.12 on Alpha One’s scale. Alpha One also gave media headlines about the technology company an impact score of 90 out of 100, indicating that recent news coverage is very likely to have an impact 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.
Preformed Line Products Company (NASDAQ PLPC) traded down 2.30% during mid-day trading on Tuesday, reaching $45.78. The company had a trading volume of 1,766 shares. The firm has a market capitalization of $234.30 million, a PE ratio of 16.68 and a beta of 1.17. Preformed Line Products Company has a 52 week low of $35.81 and a 52 week high of $61.21. The stock’s 50-day moving average price is $48.63 and its 200 day moving average price is $51.78.
Preformed Line Products Company (NASDAQ:PLPC) last released its quarterly earnings data on Friday, May 5th. The technology company reported $0.30 earnings per share (EPS) for the quarter. Preformed Line Products Company had a return on equity of 6.25% and a net margin of 4.12%. The company had revenue of $84.57 million during the quarter. On average, equities research analysts predict 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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