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Shares of Park Electrochemical Corp. (NYSE:PKE) hit a new 52-week high during trading on Wednesday, Analyst RN reports. The stock traded as high as $30.35 and last traded at $30.26, with a volume of 99,713 shares trading hands. The stock had previously closed at $29.78.

A number of analysts have recently weighed in on PKE shares. Analysts at TheStreet downgraded shares of Park Electrochemical Corp. from a “buy” rating to a “hold” rating in a research note to investors on Wednesday. Separately, analysts at Zacks downgraded shares of Park Electrochemical Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, January 14th. They now have a $26.80 price target on the stock.

Park Electrochemical Corp. has a 52 week low of $22.31 and a 52 week high of $30.18. The stock’s 50-day moving average is $28.17 and its 200-day moving average is $27.99. The company has a market cap of $629.7 million and a P/E ratio of 36.54.

The company also recently announced a special dividend, which is scheduled for Tuesday, February 25th. Investors of record on Tuesday, February 11th will be paid a dividend of 2.50 per share.

Park Electrochemical Corp. (NYSE:PKE), through its subsidiaries, is a global advanced materials company, which develops, manufactures, markets and sells high-technology digital and radio frequency (RF)/microwave printed circuit materials products principally for the telecommunications and Internet infrastructure and high-end computing markets and advanced composite materials, parts and assemblies products principally for the aerospace markets.

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