The stock of Park Electrochemical Corp. (NYSE:PKE) is a huge mover today! About 61,461 shares traded hands or 44.22% up from the average. Park Electrochemical Corp. (NYSE:PKE) has risen 25.50% since March 3, 2016 and is uptrending. It has outperformed by 17.15% the S&P500.
The move comes after 5 months negative chart setup for the $329.04M company. It was reported on Oct, 6 by Barchart.com. We have $13.96 PT which if reached, will make NYSE:PKE worth $42.78 million less.
According to Zacks Investment Research, “Park Electrochemical Corp., through its subsidiaries, is primarily engaged in the design, production and marketing of advanced electronic materials used to fabricate complex multilayer printed circuit boards, semiconductor packages and other electronic interconnection systems. The company’s electronic materials business is operated by its Nelco group of companies. The company is also engaged in the design, production and marketing of specialty adhesive tapes and films, advanced composite materials and microwave circuitry materials for the electronics, aerospace markets.”
Insitutional Activity: The institutional sentiment decreased to 1.11 in 2016 Q2. Its down 1.01, from 2.12 in 2016Q1. The ratio worsened, as 4 funds sold all Park Electrochemical Corp. shares owned while 32 reduced positions. 8 funds bought stakes while 32 increased positions. They now own 16.70 million shares or 4.59% more from 15.96 million shares in 2016Q1.
The Minnesota-based Us Retail Bank De has invested 0% in Park Electrochemical Corp. (NYSE:PKE). The Georgia-based Marshwinds Advisory Company has invested 0.27% in Park Electrochemical Corp. (NYSE:PKE). The Florida-based Ladenburg Thalmann Financial Services has invested 0% in Park Electrochemical Corp. (NYSE:PKE). Parametric Assoc Lc has 0% invested in the company for 56,613 shares. Texas Permanent School Fund has 0% invested in the company for 15,472 shares. Moreover, Tiaa Cref Investment Mngmt Limited Liability has 0% invested in Park Electrochemical Corp. (NYSE:PKE) for 111,980 shares. Ameriprise Financial last reported 0% of its portfolio in the stock. New York State Teachers Retirement accumulated 0% or 72,459 shares. Ubs Asset Mngmt Americas has 13,700 shares for 0% of their US portfolio. The New York-based Tower Cap Ltd (Trc) has invested 0% in Park Electrochemical Corp. (NYSE:PKE). Public Sector Pension Board owns 14,055 shares or 0% of their US portfolio. Teachers Advisors Incorporated last reported 0% of its portfolio in the stock. The California-based Blackrock Fund Advisors has invested 0% in Park Electrochemical Corp. (NYSE:PKE). State Of Tennessee Treasury Department holds 0% of its portfolio in Park Electrochemical Corp. (NYSE:PKE) for 16,284 shares. Susquehanna Ltd Liability Partnership reported 11,900 shares or 0% of all its holdings.
More news for Park Electrochemical Corp. (NYSE:PKE) were recently published by: Reuters.com, which released: “BRIEF-Park Electrochemical Corp reports second quarter results” on October 06, 2016. Globenewswire.com‘s article titled: “Park Electrochemical Corp. Announces Election of Matthew Farabaugh as Senior …” and published on March 11, 2016 is yet another important article.
PKE Company Profile
Park Electrochemical Corp., incorporated on March 31, 1954, is a global advanced materials company. The Firm develops, makes, markets and sells digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies and low-volume tooling products for the aerospace markets. The Firm operates through integrated business units in Asia, Europe and North America. The Company’s manufacturing facilities are located in Singapore, France, Kansas, Arizona and California. The Firm also maintains research and development facilities in Arizona, Kansas and Singapore. The Company’s foreign activities are conducted principally by the Company’s subsidiaries in Singapore and France.
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