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Armanino Foods of Distinction (OTCMKTS:AMNF) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Armanino Foods of Distinction logo with Consumer Staples background

Shares of Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.55 and traded as high as $7.85. Armanino Foods of Distinction shares last traded at $7.85, with a volume of 11,670 shares traded.

Armanino Foods of Distinction Stock Up 1.6%

The business has a fifty day moving average price of $7.68 and a 200-day moving average price of $7.57. The company has a market cap of $252.92 million, a P/E ratio of 20.08 and a beta of 0.10.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The company reported $0.12 EPS for the quarter. Armanino Foods of Distinction had a net margin of 19.11% and a return on equity of 41.38%. The business had revenue of $16.98 million for the quarter.

Armanino Foods of Distinction Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 4th were paid a dividend of $0.04 per share. The ex-dividend date was Friday, April 4th. This is a boost from Armanino Foods of Distinction's previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a yield of 1.99%. Armanino Foods of Distinction's dividend payout ratio is presently 32.00%.

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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