As returns on market increase, returns on owning Precision are expected to decrease at a much smaller rate. During bear market, Precision is likely to outperform the market.
Roger Cooke Senior Vice President General Counsel, Secretary
Ruth Beyer Senior Vice President General Counsel, Secretary
Kevin Stein Executive VP and President of Fastener Products and PCC Structurals
Precision Price and Market Media
The median price of Precision for the period between Fri, Apr 19, 2013 and Sun, May 19, 2013 is 191.0 with a coefficient of variation of 5.37. The daily time series for the period is distributed with a sample standard deviation of 10.52, arithmetic mean of 196.04, and mean deviation of 9.44. The Stock received substential amount of media coverage during this period.
Precision Castparts Corp [PCP] is traded on New York Stock Exchange in USA. It is located in Portland, OR and employs 20,780 people. The company currently falls under 'Large-Cap' category with total capitalization of 27.25 B. Precision Castparts Corp runs under Industrial Goods sector within Metal Fabrication industry. This company has 146.45 M outstanding shares of which 1.2 M shares are at this time shorted by investors with about 2.1 days to cover shorted positions.
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