Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Platform Specialty Products (NYSE:PAH) Share Price

News headlines about Platform Specialty Products (NYSE:PAH) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Platform Specialty Products earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the specialty chemicals company an impact score of 47.8456534638159 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

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

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

Platform Specialty Products (PAH) traded up $0.04 during trading on Wednesday, reaching $10.35. 1,119,594 shares of the company’s stock traded hands, compared to its average volume of 4,090,737. Platform Specialty Products has a 12-month low of $9.11 and a 12-month high of $14.82. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.55 and a current ratio of 2.05. The firm has a market capitalization of $2,942.75, a price-to-earnings ratio of -19.75, a price-to-earnings-growth ratio of 0.75 and a beta of 3.22.

In related news, insider Diego Lopez Casanello bought 4,000 shares of the firm’s stock in a transaction on Tuesday, December 19th. The stock was bought at an average price of $9.91 per share, with a total value of $39,640.00. Following the purchase, the insider now directly owns 15,000 shares of the company’s stock, valued at approximately $148,650. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Martin E. Franklin bought 500,000 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were bought at an average cost of $9.66 per share, with a total value of $4,830,000.00. The disclosure for this purchase can be found here. Insiders purchased a total of 669,467 shares of company stock valued at $6,453,139 in the last ninety days. Company 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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