Armanino Foods of Distinction (OTCMKTS:AMNF) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Armanino Foods of Distinction Inc. (OTCMKTS:AMNFGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.76 and traded as low as $10.21. Armanino Foods of Distinction shares last traded at $10.40, with a volume of 20,734 shares traded.

Wall Street Analyst Weigh In

Separately, Lake Street Capital raised shares of Armanino Foods of Distinction to a “strong-buy” rating in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $15.00.

View Our Latest Stock Report on Armanino Foods of Distinction

Armanino Foods of Distinction Trading Up 0.9%

The company has a 50 day simple moving average of $10.30 and a 200 day simple moving average of $10.76. The stock has a market cap of $318.66 million, a P/E ratio of 16.77 and a beta of 0.08.

About Armanino Foods of Distinction

(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. It also provides frozen pasta, which includes beef cannelloni, cheese manicotti, cheese stuffed shells, cheese tortellini; pasta sheets, potato gnocchi, and tricolor cheese tortellini, as well as beef, butternut squash, four cheese, cheese and spinach, and wild mushroom ravioli; and various sauces, comprising creamy garlic, alfresco, Bolognese, chimichurri, harissa, and romesco.

Further Reading

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