Armanino Foods of Distinction (OTCMKTS:AMNF) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.89 and traded as high as $7.63. Armanino Foods of Distinction shares last traded at $7.55, with a volume of 15,137 shares.

Armanino Foods of Distinction Stock Performance

The company has a market capitalization of $242.10 million, a P/E ratio of 18.88 and a beta of 0.36. The stock’s fifty day moving average price is $6.89 and its 200-day moving average price is $6.03.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its earnings results on Wednesday, October 23rd. The company reported $0.13 EPS for the quarter. Armanino Foods of Distinction had a return on equity of 41.38% and a net margin of 19.11%. The company had revenue of $17.67 million during the quarter.

Armanino Foods of Distinction Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, September 30th were paid a dividend of $0.0363 per share. The ex-dividend date of this dividend was Monday, September 30th. Armanino Foods of Distinction’s dividend payout ratio is presently 35.00%.

Armanino Foods of Distinction Company Profile

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.