Amira Nature Foods (ANFI) Stock Price Down 7.2%
Amira Nature Foods Ltd (NYSE:ANFI) shares fell 7.2% during mid-day trading on Tuesday . The company traded as low as $1.47 and last traded at $1.54. 511,091 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 701,041 shares. The stock had previously closed at $1.66.
Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a $6.00 price target on shares of Amira Nature Foods in a research note on Thursday, March 21st.
The stock has a market cap of $62.24 million, a price-to-earnings ratio of -17.11 and a beta of 2.37.
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About Amira Nature Foods (NYSE:ANFI)
Amira Nature Foods Ltd. engages in processing, sourcing, and selling packaged Indian specialty rice. The company provides various types of basmati rice, other specialty rice and other food products, ready-to-eat snacks, edible oils, and organic products for retailers under the Amira brand; and non-basmati rice.
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