SINGAPORE: Park Electrochemical Corp announced the earnings results for Fiscal Year 2017 and Q2. The results came in during Pre-market on Oct 6, 2016. Company reported revenue of $29.06M. Analysts estimated a revenue of $34.48M. Earnings per share were $0.10. Analysts had estimated an EPS of $0.21.
Park Electrochemical Corp. (PKE) shares turned negative on Fridays trading session with the shares closing down -0.1 points or -0.71% at a volume of 52,403. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $14.27. The peak price level was also seen at $14.27 while the days lowest was $13.93. Finally the shares closed at $14.01. The 52-week high of the shares is $18.09 while the 52-week low is $13.65. According to the latest information available, the market cap of the company is $283 M.
Several Insider Transactions has been reported to the SEC. On Oct 13, 2015, Carl William Smith (director) purchased 500 shares at $17.58 per share price.Also, 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.
Overall, shipments to seven of Singapore’s top 10 markets fell, with Malaysia, Indonesia and the US leading the decline. Bucking the trend were exports to Hong Kong, the European Union and South Korea, which rose between 9.9 per cent and 23.8 per cent.
Non-oil re-exports rose 1.2 per cent last month, down from an 8.5 per cent increase in August. This was mainly due to an increase in non-electronic re-exports which outweighed the decrease in electronic re-exports, IE Singapore said.
