Park Electrochemical Corp. (PKE) was Reiterated by Needham to “Buy” while Lowering the Price Target of the company shares to $ 18 from a previous price target of $21 . Needham advised their investors in a research report released on Jun 30, 2016.
Park Electrochemical Corp. closed down -0.84 points or -5.62% at $14.11 with 1,19,187 shares getting traded on Wednesday. Post opening the session at $15.23, the shares hit an intraday low of $14.05 and an intraday high of $15.23 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Oct 13, 2015, Carl William Smith (director) purchased 500 shares at $17.58 per share price. According to the SEC, on Aug 26, 2015, Steven T Warshaw (director) purchased 1,000 shares at $16.75 per share price. On Aug 17, 2015, Brian E Shore (CEO) purchased 5,000 shares at $17.87 per share price, according to the Form-4 filing with the securities and exchange commission.
Park Electrochemical Corp. (Park) is a global advanced materials company. The Company develops manufactures markets and sells high-technology 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. Park operates through integrated business units in Asia Europe and North America. The Company also sells composite materials for use in RF electrical applications. The Company’s manufacturing facilities are located in Singapore France Kansas Arizona and California. The Company also maintains research and development facilities in Arizona Kansas and Singapore. The Company’s foreign operations are conducted principally by the Company’s subsidiaries in Singapore and France.