Extremely significant negative changes in Preformed Line Products Co (NASDAQ: PLPC) investment behavior have recently occurred: its longer term price trend turned down, and its shorter term price trend turned down.
Recent important negative changes in fundamentals have impacted Preformed Line Products Co (NASDAQ: PLPC): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Preformed Line Products has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Preformed Line Products has a slightly positive Power Rating of 62 and a slightly positive Appreciation Score of 67, resulting in the Positive Value Trend Rating.
Recent Price Action
On 3/5/25, Preformed Line Products Co (NASDAQ: PLPC) stock rose modestly by 0.6%, closing at $123.19. However, trading volume in this advance was below average at 78% of normal. Relative to the market the stock has been strong over the last nine months but has declined -7.9% during the last week.
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