Economy

Platform Specialty Products Corp (PAH) Earns Media Sentiment Rating of 0.28

Platform Specialty Products Corp (PAH) Earns Media Sentiment Rating of 0.28”

Platform Specialty Products Corp (NYSE:PAH) institutional sentiment is 1.67 in Q2 2017.

PAH has been the discussion subject of many latest study reports. ProShare Advisors boosted its stake in Platform Specialty Products Corporation by 2.8% through out the 1st period. Vanguard Group Inc. now owns 16,082,464 shares of the specialty chemicals company's stock valued at $203,926,000 after purchasing an additional 711,500 shares during the period. Instinet upped their price objective on shares of Platform Specialty Products Corp from $11.00 to $15.00 and gave the stock a "buy" rating in a report on Tuesday, February 21st. Axa stated it has 1.76 million shares or 0.1% of all its holdings.

Many other Institutions have lately purchased and unloaded stocks of PAH. During the last 52 weeks, the price has been as high as $14.82 and as low as $6.85. Great West Life Assurance Can has an ownership of 23,429 stocks of the specialty chemicals firms shares valued $305,000 after scooping up an extra 6,800 shares through out the quarter. investment firms and many large funds has an ownership of 93.71% of the firms stock. Westwood Group Inc Incorporated owns 57,611 shares or 0.01% of their USA portfolio.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 0 Percent. The stock was acquired at an average cost of $10.98 per share, with a total value of $494,100.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The volume of PAH witnessed a shift from 2.2 million shares, based on a 50-day average, to 2.84 million shares. The stock was bought at an average price of $11.06 per share, with a total value of $121,660.00. These ratios are important while doing valuation of the company or the shares of the company. The disclosure for this purchase can be found here.

Insider trading over the last 12 months, however, paints a different picture.

Platform Specialty Products Corporation (NYSE:PAH) closed its last session at $11.08. Moreover, Lmm Llc has 3.77% invested in the company for 7.33 million shares. They expect $0.68 EPS, up 1.49% or $0.01 from last year's $0.67 per share. The stock is now moving below its 20-Day Simple Moving Average of -3.62% with a 50-Day Simple Moving Average of -10.48 percent. Platform Specialty Products Corp (NYSE:PAH) has risen 48.23% since September 26, 2016 and is uptrending.

Analysts at SunTrust Banks decreased their Q3 2017 earnings per share (EPS) estimates for shares of Platform Specialty Products Corporation in a research report issued on Monday. The business earned $950 million during the quarter, compared to analysts' expectations of $931.10 million. During the same period past year, the business earned $0.16 EPS. ProShare Advisors has an ownership of 16,403 stocks of the specialty chemicals firms shares valued $214,000 after scooping up an extra 448 shares through out the quarter.

Platform Specialty Products Corporation (PAH) reported sales (ttm) of 3.64 Billion, whereas, 8 number of analysts estimated the mean sale of 920.32 million.

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Several analysts have recently commented on PAH shares. 0 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. Credit Suisse reinitiated Platform Specialty Products Corp (NYSE:PAH) on Thursday, December 3 with "Neutral" rating. Also, the number of investment managers holding Platform Specialty Products Corp in their top 10 equity positions decreased from 4 to 3 for a decrease of 1. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. BidaskClub cut Platform Specialty Products Corporation from a hold rating to a sell rating in a report on Saturday, August 12th. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers plating products that are used to plate holes; electroless nickel products, which are applied to various metal and plastic surfaces; electronic assembly materials for use in the electronic market and residential boiler systems; final finishes that are used on printed circuit boards; circuit formation products for surface preparation; oxides, which are used in the fabrication of multilayer circuit boards; semiconductor materials and packaging products; and pre-treatment and cleaning solutions.

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