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Armanino Foods of Distinction (OTCMKTS:AMNF) Stock Crosses Above 50 Day Moving Average - Time to Sell?

Armanino Foods of Distinction logo with Consumer Staples background

Key Points

  • Armanino Foods of Distinction's stock price has crossed above its 50-day moving average of $9.60, trading as high as $10.16 before closing at $10.05 with a trading volume of 6,251 shares.
  • Wall Street Zen has upgraded the stock to a "buy" rating, indicating positive sentiment from analysts regarding its future performance.
  • The company reported a net margin of 23.37% and earnings per share (EPS) of $0.15 for the last quarter, signaling a strong financial performance with revenues of $19.97 million.
  • MarketBeat previews top five stocks to own in November.

Armanino Foods of Distinction Inc. (OTCMKTS:AMNF - Get Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $9.60 and traded as high as $10.16. Armanino Foods of Distinction shares last traded at $10.05, with a volume of 6,251 shares.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Armanino Foods of Distinction to a "buy" rating in a report on Friday, June 20th.

Get Our Latest Analysis on Armanino Foods of Distinction

Armanino Foods of Distinction Trading Down 1.1%

The company's fifty day simple moving average is $9.60 and its 200 day simple moving average is $8.52. The stock has a market capitalization of $312.54 million, a P/E ratio of 18.96 and a beta of 0.19.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The company reported $0.15 EPS for the quarter. Armanino Foods of Distinction had a net margin of 23.37% and a return on equity of 48.23%. The firm had revenue of $19.97 million during the quarter.

Armanino Foods of Distinction Company Profile

(Get Free Report)

Armanino Foods of Distinction, Inc produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle.

Further Reading

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