Roth Mkm Upgrades Armanino Foods of Distinction (OTCMKTS:AMNF) to Strong-Buy

Armanino Foods of Distinction (OTCMKTS:AMNF) was upgraded by equities research analysts at Roth Mkm to a “strong-buy” rating in a report issued on Friday,Zacks.com reports.

Armanino Foods of Distinction Stock Down 2.6%

Shares of Armanino Foods of Distinction stock opened at $11.85 on Friday. The firm has a market cap of $368.30 million, a PE ratio of 21.55 and a beta of 0.10. Armanino Foods of Distinction has a 52 week low of $7.10 and a 52 week high of $12.25. The business’s fifty day simple moving average is $11.15 and its 200-day simple moving average is $10.05.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its quarterly earnings data on Tuesday, November 11th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $19.65 million during the quarter. Armanino Foods of Distinction had a return on equity of 48.19% and a net margin of 23.65%.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc (OTCMKTS:AMNF) is a U.S.-based food manufacturer specializing in cheese- and dairy-based products. Its product portfolio encompasses processed cheeses, cream cheeses, shredded and grated cheeses, dips, spreads and flavored cheese seasonings. Armanino Foods serves private-label customers, foodservice operators and industrial food producers, offering custom formulation and co-packing solutions to meet diverse market requirements.

Headquartered in Missouri, Armanino Foods operates multiple manufacturing facilities equipped for large-scale dairy processing, blending and packaging.