A statement released earlier today by Vetr Inc. about Amira Nature Foods Ltd (NYSE:ANFI) bumps the target price to $7.67
- Updated: September 24, 2016
Vetr Inc. bumped up the target of Amira Nature Foods Ltd (NYSE:ANFI) to $7.67 stating a potential upside of 0.08%.
Boasting a price of $7.09, Amira Nature Foods Ltd (NYSE:ANFI) traded -0.26% lower on the day. With the last stock price close down -3.94% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Amira Nature Foods Ltd has recorded a 50-day average of $7.67 and a two hundred day average of $8.09. Volume of trade was down over the average, with 86,384 shares of ANFI changing hands under the typical 127,608
With a total market value of $0, Amira Nature Foods Ltd has price-earnings ratio of 8.68 with a one year low of $4.38 and a one year high of $14.09 .
Brief Synopsis About Amira Nature Foods Ltd (NYSE:ANFI)
Amira Nature Foods Ltd is primarily engaged in the business of processing and selling packaged Indian specialty rice, primarily basmati rice and other food products. The Company sells Basmati rice and other specialty rice, under its Amira brand, as well as under other third-party brands. It also sells non-basmati rice. It has developed a line of Amira branded products to complement its packaged rice offerings, including edible oil, snacks, ready-to-heat meals and a line of organic product offerings. It is engaged in the institutional sale of bulk commodities to international and regional trading firms, which includes wheat, barley, legume, maize, sugar, soybean meal, onion, potato, millet and others. Its Amira branded product line includes Amira Pure Basmati Rice, Amira Indian Basmati Rice, Smoked Basmati Rice, Amira Khichdi Rice, Amira Navratan Mix and others. The Company's third-party branded rice products include Euricom Brown Basmati Rice, Bonne Chance Long Grain Rice and others.
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