The stock closed today at $19.76 and jumped up by $1.40 a share, on May 7th it had released its quarterly report. Here is how well it has done, as the basic earnings for the fourth quarter for 2018 was at .89 cents and last year in 2017 for the fourth quarter report was at .12 cents. From the last quarterly report the third quarter in November of 2017 the business earned only .04 cents on the basic earnings and so when the fourth quarter closed recently the three month earnings report jumped to $1.02. The only change in the diluted shares was .88 cents for the fourth quarter for 2018 compared to the .12 cents from fourth quarter in 2017. This stock also includes a buy rating on it and has a $24 a share price on Park Electrochemical Corporation (symbol PKE). Carson Investment Services LLC does data research in searching for increases in the next year earnings report, as the Park Electrochemical Corporation had an increase on it earning report and so most stocks will start climbing either just before the quarterly report comes out or after the three month report.
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Tuesday, May 8, 2018
Here is why this stock Park Electrochemical Corporation shot up today 5/8/2018.
I am author in writing multiple stories from science fiction to mystery. A bit of adventure, ghost stories, fantasy to action. Experience at investing for over 26 years and stock market research for close to 44 years. Owner of Carson Investment Services LLC. Working on around 40 different stories to be published, with two nearly ready for publishing. Been in the movie theatre business for 22 years and gave the Detroit Theatre another 30 years of life before it went out of business in Lakewood, Ohio. Member of the United Food and Commercial Workers Union from Cleveland, Ohio and had been an NBA partner with the Cleveland Cavaliers for 17 years.
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