Photronics, Inc. (PLAB) Touches $8.65 Formed H&S; Platinum Group Metals Limited (NYSEAMERICAN:PLG) SI Increased By 3.16%

Photronics, Inc. (PLAB) formed inverse H&S with $9.26 target or 7.00% above today’s $8.65 share price. Photronics, Inc. (PLAB) has $597.31M valuation. It closed at $8.65 lastly. It is down 13.48% since December 27, 2016 and is uptrending. It has underperformed by 3.22% the S&P500.

Platinum Group Metals Limited (NYSEAMERICAN:PLG) had an increase of 3.16% in short interest. PLG’s SI was 6.51M shares in December as released by FINRA. Its up 3.16% from 6.31M shares previously. With 743,600 avg volume, 9 days are for Platinum Group Metals Limited (NYSEAMERICAN:PLG)’s short sellers to cover PLG’s short positions. The SI to Platinum Group Metals Limited’s float is 5.79%. The stock increased 5.30% or $0.016 during the last trading session, reaching $0.308. About 529,026 shares traded. Platinum Group Metals Ltd. (NYSEAMERICAN:PLG) has declined 58.54% since December 27, 2016 and is downtrending. It has underperformed by 75.24% the S&P500.

Since August 1, 2017, it had 0 insider buys, and 5 insider sales for $300,457 activity. Progler Christopher J sold $40,200 worth of stock. The insider Burr Richelle E sold 4,000 shares worth $36,000. 18,750 shares were sold by SMITH SEAN T, worth $172,313.

Analysts await Photronics, Inc. (NASDAQ:PLAB) to report earnings on February, 21. They expect $0.05 EPS, up 66.67% or $0.02 from last year’s $0.03 per share. PLAB’s profit will be $3.45M for 43.25 P/E if the $0.05 EPS becomes a reality. After $0.08 actual EPS reported by Photronics, Inc. for the previous quarter, Wall Street now forecasts -37.50% negative EPS growth.

Among 7 analysts covering Photronics (NASDAQ:PLAB), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Photronics has $14 highest and $8.50 lowest target. $11.71’s average target is 35.38% above currents $8.65 stock price. Photronics had 10 analyst reports since August 21, 2015 according to SRatingsIntel. Needham maintained it with “Buy” rating and $13 target in Friday, February 12 report. The rating was initiated by SunTrust on Thursday, October 1 with “Buy”. The company was maintained on Friday, December 4 by Needham. The firm earned “Buy” rating on Thursday, October 1 by RBC Capital Markets. The company was maintained on Monday, September 18 by Needham. As per Friday, November 11, the company rating was downgraded by Needham. The rating was downgraded by Stifel Nicolaus on Friday, November 11 to “Hold”. Suntrust Robinson initiated Photronics, Inc. (NASDAQ:PLAB) on Thursday, October 1 with “Buy” rating.

Investors sentiment increased to 1.4 in 2017 Q3. Its up 0.29, from 1.11 in 2017Q2. It is positive, as 22 investors sold Photronics, Inc. shares while 33 reduced holdings. 25 funds opened positions while 52 raised stakes. 63.91 million shares or 2.40% less from 65.49 million shares in 2017Q2 were reported. The New York-based Cornerstone Cap Mngmt Ltd Com has invested 0% in Photronics, Inc. (NASDAQ:PLAB). Highbridge Capital Mgmt Lc holds 17,400 shares. Commonwealth Equity reported 14,884 shares or 0% of all its holdings. 60,500 were accumulated by Axa. Numeric Investors Ltd Liability Corporation reported 763,943 shares. 103,300 were accumulated by First Quadrant Limited Partnership Ca. Piermont Mngmt stated it has 161,880 shares. Assetmark reported 162 shares. Soros Fund Management Ltd holds 0.01% or 71,100 shares in its portfolio. United Ser Automobile Association owns 420,386 shares or 0.01% of their US portfolio. Sterling Mngmt Limited Liability holds 0.01% of its portfolio in Photronics, Inc. (NASDAQ:PLAB) for 60,465 shares. Franklin Res has invested 0.02% of its portfolio in Photronics, Inc. (NASDAQ:PLAB). Blackrock reported 0% of its portfolio in Photronics, Inc. (NASDAQ:PLAB). Prelude Management Ltd owns 22,100 shares. Palouse Cap Management holds 0.1% of its portfolio in Photronics, Inc. (NASDAQ:PLAB) for 33,458 shares.