Several other research firms have also issued reports on LNDC. Roth Capital upped their target price on Dmc Global from $50.00 to $70.00 and gave the company a “buy” rating in a report on Monday, April 8th. Maxim Group reaffirmed a “buy” rating and issued a $17.00 target price on shares of Landec in a report on Wednesday, July 3rd. Lake Street Capital reduced their target price on Landec from $16.00 to $12.00 and set a “buy” rating for the company in a report on Thursday, May 23rd. Finally, Zacks Investment Research lowered EXACT Sciences from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Landec currently has an average rating of “Hold” and an average price target of $13.67.
Shares of LNDC stock traded down $0.08 during trading on Tuesday, hitting $10.42. The company’s stock had a trading volume of 113,128 shares, compared to its average volume of 136,183. The company has a market cap of $304.09 million, a P/E ratio of 25.41 and a beta of 0.76. The company has a current ratio of 0.96, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The business’s fifty day moving average is $9.68. Landec has a 52 week low of $9.02 and a 52 week high of $15.57.
Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through two segments, Packaged Fresh Vegetables and Biomaterials. The Packaged Fresh Vegetables segment markets and packs specialty packaged whole and fresh-cut fruits and vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food service industries under the Eat Smart and GreenLine brands, as well as private label brands; and sells BreatheWay packaging technology to partners for fruit and vegetable products.
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