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Photronics Inc stock hits all-time high at 48.68 USD By Investing.com
Photronics Inc (PLAB) stock reached an all-time high of $48.68, currently trading at $48.62 with a market cap of $2.85 billion. The stock has seen a 173.49% increase over the past year, though InvestingPro indicators suggest it is overvalued and in overbought territory. Recent strong financial results, a new mask writer installation, and an increased price target from Craig-Hallum (to $48 with a Buy rating) further underscore the company’s strong performance and strategic positioning in the semiconductor industry.