News to Track: Preformed Line Products Company (NASDAQ:PLPC)

Preformed Line Products Company (NASDAQ:PLPC) spotted trading -44.54% off 52-week high price. On the other end, the stock has been noted 17.48% away from the low price over the last 52-weeks. The stock changed 5.94% to recent value of $42.48. The stock transacted 25080 shares during most recent day however it has an average volume of 10.72K shares. The company has 4.56M of outstanding shares and 2.93M shares were floated in the market.

The Board of Directors of Preformed Line Products Company (NASDAQ:PLPC) on March 16, 2020 disclosed a regular quarterly dividend in the amount of $.20 per share on the Company’s common shares, payable April 20, 2020 to shareholders of record at the close of business on April 1, 2020.

Founded in 1947, Preformed Line Products is an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies.

Preformed’s world headquarters are in Mayfield Village, Ohio, and the Company operates two domestic manufacturing centers, located in Rogers, Arkansas, and Albemarle, North Carolina.  The Company serves its worldwide market through international operations in Argentina, Australia, Austria, Brazil, Canada, China, Colombia, Czech Republic, England, France, Indonesia, Malaysia, Mexico, New Zealand, Poland, Russia, South Africa, Spain, Thailand and Vietnam.

Its earnings per share (EPS) expected to touch remained -3.00% for this year. PLPC has a gross margin of 31.60% and an operating margin of 7.30% while its profit margin remained 5.20% for the last 12 months.

According to the most recent quarter its current ratio was 2.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of -9.74% from the mean of 20 days, -20.52% from mean of 50 days SMA and performed -24.52% from mean of 200 days price. Company’s performance for the week was -5.60%, -24.18% for month and YTD performance remained -29.61%.

Susan White

Susan White writes related to the Business news Category. She manages to cover anything. Susan is our freelance contributor. She is responsible for covering reporting in finance and business categories. Susan has experience of 5 years as reporter to Business insights.

Email: [email protected]

Address: 35359 Rural route 81, Captain Cook, HI 96704, USA

Contact number: 808-932-1723

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