Preformed Line Products Company (PLPC) Downgraded by TheStreet to C+

TheStreet lowered shares of Preformed Line Products Company (NASDAQ:PLPC) from a b rating to a c+ rating in a research report released on Friday, May 12th.

Shares of Preformed Line Products Company (NASDAQ:PLPC) traded up 0.19% during mid-day trading on Friday, hitting $47.20. The stock had a trading volume of 29,290 shares. Preformed Line Products Company has a one year low of $35.81 and a one year high of $61.21. The firm has a 50 day moving average of $48.81 and a 200-day moving average of $51.90. The stock has a market cap of $241.57 million, a P/E ratio of 17.19 and a beta of 1.17.

Preformed Line Products Company (NASDAQ:PLPC) last announced its quarterly earnings results on Friday, May 5th. The technology company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $84.57 million during the quarter. Preformed Line Products Company had a return on equity of 6.25% and a net margin of 4.12%. Equities research analysts expect that Preformed Line Products Company will post $3.05 earnings per share for the current fiscal year.

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Preformed Line Products Company Company Profile

Preformed Line Products Company (PLPC) is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators and information industries. The Company’s products include Formed Wire and Related Hardware Products, Protective Closures, Plastic Products and Other Products.

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