Armanino Foods of Distinction (OTCMKTS:AMNF) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Armanino Foods of Distinction (OTCMKTS:AMNF - Free Report) to a buy rating in a research note published on Saturday.

Armanino Foods of Distinction Stock Up 0.9%

Armanino Foods of Distinction stock traded up $0.07 during trading hours on Friday, hitting $8.10. The stock had a trading volume of 50,857 shares, compared to its average volume of 21,204. The stock has a market capitalization of $255.13 million, a P/E ratio of 20.25 and a beta of 0.15. Armanino Foods of Distinction has a 12-month low of $5.14 and a 12-month high of $8.20. The stock's 50-day moving average price is $7.76 and its 200-day moving average price is $7.66.

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

Armanino Foods of Distinction Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 4th were paid a dividend of $0.04 per share. This is an increase from Armanino Foods of Distinction's previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Friday, April 4th. This represents a $0.16 dividend on an annualized basis and a yield of 1.98%. Armanino Foods of Distinction's dividend payout ratio is presently 32.00%.

Armanino Foods of Distinction Company Profile

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.