Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Photronics (PLAB) Stock Continues Downtrend Despite Double Analyst Upgrade [Yahoo! Finance]

Photronics, Inc. (PLAB) 
Last photronics, inc. earnings: 3/4 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
upside after a strong earnings report and back-to-back analyst upgrades. On December 11, D.A. Davidson analyst Thomas Diffely maintained his Buy rating on the stock and raised the price target from $30 to $45. On the same day, Christian Schwab of Craig-Hallum also assigned a price target of $42, along with a Buy rating. Photo by JESHOOTS.COM on Unsplash These earnings came as the company continued to ride strong momentum in the last month, resulting in an incredible rally that saw the stock price double in less than a month. On the earnings call, Christian Schwab inquired about the pricing pressure in China. Management replied that it prioritizes its capacity for higher value customers, so if one product faces margin pressure, another is prioritized for production. At the moment, 22nm and 28nm technologies are considered higher-margin and therefore prioritized. Management also confirmed to the analyst that it expects gross margins to stay steady in the near term as it continues to Show less Read more
Impact Snapshot
Event Time:
PLAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PLAB alerts
Opt-in for
PLAB alerts

from News Quantified
Opt-in for
PLAB alerts

from News Quantified