Preformed Line Products Co (NASDAQ: PLPC). Extremely important positive changes in investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Preformed Line Products has a slightly positive Appreciation Score of 61 and a slightly positive Power Rating of 66, and the Positive Value Trend Rating results.
Recent Price Action
On 3/17/25, Preformed Line Products Co (NASDAQ: PLPC) stock enjoyed a large increase of 4.6%, closing at $150.96. Moreover, this advance was accompanied by exceptionally high trading volume at 221% of normal. The stock has been strong relative to the market over the last nine months and has risen 25.3% during the last week.
Be the first to comment