Park Aerospace Corp (PAC) shares surge past 200-day moving average
October 31, 2022
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Park Aerospace Intrinsic Value – Park Aerospace ($NYSE:PKE) Corp is a leading manufacturer of aerospace products and services. This marks a significant milestone for the company and its shareholders. PAC has a long history of innovation and excellence in the aerospace industry. The company’s products are used by some of the biggest names in the business, including Boeing, Airbus, and Lockheed Martin.
PAC’s products are known for their quality and reliability. The company’s shares have been on a steady rise in recent months, thanks to strong financial results and positive analyst sentiment. PAC is well-positioned to continue its growth trajectory in the coming years. shareholders are sure to benefit from the company’s continued success.
Share Price
The stock opened at $11.7 and closed at $12.0, up 2.3% from the previous closing price of $11.8. A stock that closes above this level is often seen as being in a strong bullish trend. The stock appears to be benefiting from strong demand for its products and services. Investors appear to be confident in Park Aerospace‘s outlook and the stock looks poised to continue its upward trend in the months ahead.
VI Analysis – Park Aerospace Intrinsic Value
The company’s fundamentals reflect its long term potential, as seen by its strong financial position and recent history of profitability. The fair value of PARK AEROSPACE shares is around $12.6, as calculated by VI Line. The company is currently trading at $12.0 per share, which represents a fair price that is undervalued by 4%.
VI Peers
The company’s products are used on a variety of aircraft, including commercial, military, and business jets. Park Aerospace Corp is a publicly traded company on the New York Stock Exchange (NYSE:PKE) and is headquartered in Wichita, Kansas. The company was founded in 1947 and has approximately 5,000 employees.
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Bombardier’s market cap as of 2022 is 3.67B. Its ROE is 1.34%.
Bombardier is a global leader in the design and manufacture of innovative transportation solutions. From commercial aircraft and business jets to rail transportation equipment, mass transit vehicles and recreational products, Bombardier’s products and services provide world-class transportation experiences that set new standards in customer comfort, energy efficiency, reliability and safety.
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Summary
PARK AEROSPACE is an American aerospace and defense company with a history dating back to the early days of aviation. PARK AEROSPACE is a well-established company with a long history of success in the aerospace and defense industries. The company’s products are highly regarded for their quality and innovative engineering, and its shares have been on a tear in recent months. Investors considering PARK AEROSPACE as a potential investment should consider the company’s strong track record, reputation for quality, and recent share price momentum.
