Preformed Line Products (PLPC) Receives Coverage Optimism Rating of -0.06

News headlines about Preformed Line Products (NASDAQ:PLPC) have been trending somewhat negative on Monday, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Preformed Line Products earned a daily sentiment score of -0.06 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.4995839146109 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Separately, TheStreet upgraded Preformed Line Products from a “c+” rating to a “b-” rating in a report on Monday, August 21st.

Shares of Preformed Line Products (PLPC) opened at $79.96 on Monday. Preformed Line Products has a 1-year low of $44.50 and a 1-year high of $85.63. The company has a quick ratio of 2.00, a current ratio of 3.15 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $407.11, a P/E ratio of 24.01 and a beta of 1.32.

Preformed Line Products (NASDAQ:PLPC) last posted its earnings results on Friday, November 3rd. The technology company reported $1.23 earnings per share for the quarter. Preformed Line Products had a return on equity of 7.30% and a net margin of 4.64%. The firm had revenue of $99.24 million during the quarter.

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Preformed Line Products 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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