Performance Technologies (PTIX)
Performance Technologies Altman Z-Score: 4.424
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PTIX Altman Z-Score Rankings
| Overall | 72nd percentile | 976 of 3552 |
| Sector | 63rd percentile | 278 of 759 in Technology |
| Industry | 52nd percentile | 8 of 17 in Networking & Communication Devices |
PTIX Altman Z-Score Range, Past 5 Years
| Minimum | 2.865 | Dec 2010 |
| Maximum | 8.423 | Dec 2007 |
| Average | 5.569 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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PTIX News
May 07, 10:00AM PR Newswire
Feb 29, 11:08AM PR Newswire
Oct 19, 8:00AM PR Newswire
Oct 06, 4:00PM PR Newswire
Jun 07, 8:00AM PR Newswire
May 26, 8:00AM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PTIX | 2.02 | +0.15 | +8.02% | 22.46M |
| PTI | 18.10 | +0.48 | +2.72% | 1.307B |
| PTH | 30.67 | -0.15 | -0.48% | |
| PTGI | 15.83 | +0.56 | +3.67% | 211.03M |
| PRGN | 0.5925 | +0.01 | +2.16% | 34.72M |
| PRFZ | 61.61 | -0.43 | -0.69% | |
| PRFT | 11.33 | -0.17 | -1.48% | 359.60M |
| PRF | 56.01 | -0.08 | -0.14% | |
| PRE | 71.50 | +0.97 | +1.38% | 4.612B |
| PCLN | 624.99 | -12.77 | -2.00% | 31.76B |
