Park-Ohio (NASDAQ:PKOH – Get Free Report) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Tuesday.
Park-Ohio Price Performance
Shares of NASDAQ:PKOH traded down $0.91 during midday trading on Tuesday, reaching $32.57. 39,043 shares of the company’s stock were exchanged, compared to its average volume of 27,145. The company’s 50 day simple moving average is $29.44 and its two-hundred day simple moving average is $27.77. The firm has a market capitalization of $429.24 million, a PE ratio of 26.06 and a beta of 1.16. Park-Ohio has a 12 month low of $22.32 and a 12 month high of $34.50. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.22 and a current ratio of 2.42.
Park-Ohio (NASDAQ:PKOH – Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The industrial products company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.18. Park-Ohio had a net margin of 1.01% and a return on equity of 15.21%. The company had revenue of $417.60 million during the quarter.
Institutional Inflows and Outflows
About Park-Ohio
Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products.
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