Platform Specialty Products Corporation (PAH) Shares are Up 2.39%

Platform Specialty Products Corporation (PAH) : Traders are bullish on Platform Specialty Products Corporation (PAH) as it has outperformed the S&P 500 by a wide margin of 9.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.96%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.39% in the last 1 week, and is up 12.41% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Platform Specialty Products Corporation (NYSE:PAH): The stock opened at $9.85 on Friday but the bulls could not build on the opening and the stock topped out at $9.91 for the day. The stock traded down to $9.35 during the day, due to lack of any buying support eventually closed down at $9.42 with a loss of -3.19% for the day. The stock had closed at $9.73 on the previous day. The total traded volume was 3,500,467 shares.

The stock has recorded a 20-day Moving Average of 4.07% and the 50-Day Moving Average is 3.17%. Platform Specialty Products Corporation is up 7.05% in the last 3-month period. Year-to-Date the stock performance stands at -26.58%.

Platform Specialty Products Corporation (PAH) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $12 and the lowest price target forecast is $9. The average forecast of all the analysts is $11 and the expected standard deviation is $1.73.


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