Stock Rating Downgrade
In the last week the Value Trend Rating for Preformed Line Products Co (NASDAQ: PLPC) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Preformed Line Products Co (NASDAQ: PLPC) stock declined by -2.1% on 3/28/25. The shares closed at $142.72. However, this decline was accompanied by unusually low trading volume at 55% of normal. The stock has been strong relative to the market over the last nine months but has declined -3.9% during the last week.
Current PriceTarget Research Rating
Preformed Line Products has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Preformed Line Products has a slightly negative Appreciation Score of 33 but a good Power Rating of 70, leading to the Neutral Value Trend Rating.
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