Park National (NYSE:PRK) Sets New 52-Week Low at $111.45

Park National Co. (NYSE:PRK – Get Rating) reached a new 52-week low on Monday . The company traded as low as $111.45 and last traded at $116.62, with a volume of 16763 shares traded. The stock had previously closed at $121.17.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Park National from a “hold” rating to a “sell” rating in a research note on Tuesday, January 10th.

Park National Price Performance

The business has a 50 day simple moving average of $130.00. The company has a market capitalization of $1.96 billion, a P/E ratio of 13.29 and a beta of 0.74. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.86 and a current ratio of 0.86.

Park National (NYSE:PRK – Get Rating) last released its quarterly earnings data on Monday, January 23rd. The company reported $1.94 earnings per share for the quarter, missing analysts’ consensus estimates of $2.51 by ($0.57). Park National had a return on equity of 12.83% and a net margin of 28.85%. The company had revenue of $121.00 million for the quarter, compared to analyst estimates of $126.90 million. As a group, research analysts forecast that Park National Co. will post 8.67 EPS for the current year.

About Park National

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Park National Corp. is a holding company, which engages in the provision of banking and non-banking financial services through its subsidiaries. It operates through the following segments: Park National Bank (PNB), Guardian Financial Services Company (GFSC), and All Other. The PNB segment provides general banking and trust services in Ohio, Kentucky, North Carolina, and South Carolina.