Platform Specialty Products (NYSE:PAH) Earns Daily Media Impact Score of 0.10

Headlines about Platform Specialty Products (NYSE:PAH) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Platform Specialty Products earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news coverage about the specialty chemicals company an impact score of 46.014330355015 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have effected Accern’s rankings:

Platform Specialty Products (NYSE PAH) traded up $0.01 during midday trading on Monday, reaching $9.92. The company had a trading volume of 4,610,459 shares, compared to its average volume of 4,236,988. The firm has a market cap of $2,845.13, a PE ratio of -18.72, a price-to-earnings-growth ratio of 0.72 and a beta of 3.22. Platform Specialty Products has a 12 month low of $9.11 and a 12 month high of $14.82. The company has a quick ratio of 1.55, a current ratio of 2.05 and a debt-to-equity ratio of 1.77.

A number of brokerages have weighed in on PAH. ValuEngine lowered Platform Specialty Products from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research raised Platform Specialty Products from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. SunTrust Banks reissued a “buy” rating and issued a $15.00 price target on shares of Platform Specialty Products in a research report on Friday, November 3rd. Finally, Credit Suisse Group began coverage on Platform Specialty Products in a research note on Wednesday, November 15th. They set a “neutral” rating and a $12.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.71.

In other news, Director Martin E. Franklin bought 164,467 shares of Platform Specialty Products stock in a transaction on Thursday, December 14th. The stock was acquired at an average price of $9.57 per share, with a total value of $1,573,949.19. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Diego Lopez Casanello bought 4,000 shares of Platform Specialty Products stock in a transaction on Tuesday, December 19th. The shares were purchased at an average cost of $9.91 per share, with a total value of $39,640.00. Following the acquisition, the insider now directly owns 15,000 shares of the company’s stock, valued at $148,650. The disclosure for this purchase can be found here. Insiders have acquired 669,467 shares of company stock valued at $6,453,139 in the last three months. Insiders own 5.20% of the company’s stock.

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About Platform Specialty Products

Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, the Asia-Pacific, and Europe. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers plating products that are used to plate holes; electroless nickel products, which are applied to various metal and plastic surfaces; electronic assembly materials for use in the electronic market and residential boiler systems; final finishes that are used on printed circuit boards; circuit formation products for surface preparation; oxides, which are used in the fabrication of multilayer circuit boards; semiconductor materials and packaging products; and pre-treatment and cleaning solutions.

Insider Buying and Selling by Quarter for Platform Specialty Products (NYSE:PAH)

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