Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 1,200 shares, a drop of 53.8% from the December 15th total of 2,600 shares. Based on an average daily trading volume, of 44,600 shares, the days-to-cover ratio is presently 0.0 days.
Armanino Foods of Distinction stock opened at $3.33 on Friday. Armanino Foods of Distinction has a 52 week low of $2.39 and a 52 week high of $3.68. The company’s 50 day moving average price is $3.35 and its two-hundred day moving average price is $3.42. The stock has a market cap of $106.79 million, a P/E ratio of 21.93 and a beta of 0.48.
Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its earnings results on Monday, October 25th. The company reported $0.05 EPS for the quarter. Armanino Foods of Distinction had a net margin of 11.96% and a return on equity of 22.50%. The firm had revenue of $11.86 million for the quarter.
About Armanino Foods of Distinction
Armanino Foods of Distinction, Inc engages in the production and marketing of upscale and innovative frozen and refrigerated food products. Its line of frozen products includes pesto sauces, stuffed pastas, pasta sheets, value-added specialty Italian pastas, and cooked meat products. The company was founded in October 1986 and is headquartered in Hayward, CA.
Further Reading: Trading Halts Explained
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