Is It Time To Review Stock News? Park Electrochemical Corp. (NYSE:PKE)

Park Electrochemical Corp. (NYSE:PKE) spotted trading -21.82% off 52-week high price. On the other end, the stock has been noted 11.76% away from the low price over the last 52-weeks. The stock changed 0.85% to recent value of $15.39. The stock transacted 125358 shares during most recent day however it has an average volume of 97.23K shares. The company has 20.57M of outstanding shares and 17.64M shares were floated in the market.  

Park Electrochemical Corp. (NYSE:PKE) disclosed the appointment of Steven L. Peake as Vice President of Technology. Mr. Peake will report to Mark A. Esquivel, Park’s Executive Vice President and Chief Operating Officer.

Mr. Peake previously held various senior technical, product development and technical marketing positions at Park between 2001 and 2010.  Prior to rejoining Park, he was Director of Research & Development for Magnolia Advanced Materials, Inc., a manufacturer of composite adhesive and other products, since 2015.  From 2010 until 2015, Mr. Peake served as Technical Director – Composites at SAATI S.p.A., a leading manufacturer of fabrics and chemicals for industrial use. Between 1979 and 2001, he held various technical and research and development positions at Cytec Industries Inc., which has since been acquired by Solvay S.A., a large advanced materials and specialty chemicals company. Mr. Peake received a Bachelor of Science degree in Chemistry from the University of Texas and a Doctorate degree in Organic Chemistry from the University of Wisconsin.

Its earnings per share (EPS) expected to touch remained 17.90% for this year while earning per share for the next 5-years is expected to reach at 15.00%. PKE has a gross margin of 31.70% and an operating margin of 14.30%. 

 According to the most recent quarter its current ratio was 15.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of -4.34% from the mean of 20 days, -4.56% from mean of 50 days SMA and performed -4.84% from mean of 200 days price. Company’s performance for the week was -2.90%, -7.79% for month and YTD performance remained 4.53%.

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