Today, a Director at Photronics (PLAB), Mitchell Tyson, bought shares of PLAB for $5,083.
This recent transaction increases Mitchell Tyson’s holding in the company by 1.62% to a total of $682K. Following Mitchell Tyson’s last PLAB Buy transaction on January 30, 2018, the stock climbed by 1.2%.
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Based on Photronics’ latest earnings report for the quarter ending October 31, the company posted quarterly revenue of $145 million and quarterly net profit of $12.49 million. In comparison, last year the company earned revenue of $121 million and had a net profit of $5.39 million. PLAB’s market cap is $650.6M and the company has a P/E ratio of 16.26. Currently, Photronics has an average volume of 360.5K.
In the last 30 days, insiders have sold $28.8K worth of PLAB shares and purchased $5,083 worth of PLAB shares.
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Photronics, Inc. engages in the manufacture of photomasks. It manufactures of semiconductors and flat panel displays, and are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, and a variety of flat panel displays, and to a lesser extent, other types of electrical and optical components. The company operates principally from nine manufacturing facilities; two of which are located in Europe, three in Taiwan, one in Korea, and three in the United States. Photronics was founded by Constantine S. Macricostas in 1969 and is headquartered in Brookfield, CT.
