Amira Nature Foods Ltd (ANFI): Price Alert
First Call performed a survey wherein it compiled the research recommendations of many brokerages onAmira Nature Foods Ltd (ANFI).
Delhi, February 5, 2016 (Newswire.com) - First Call performed a survey wherein it compiled the research recommendations of many brokerages on Amira Nature Foods Ltd (ANFI). As per Thomson Reuters poll, the Street analysts expect firm to attain earnings of $0.00 this quarter and $1.60 for this fiscal. The consensus price target is set at $8.00.
Technical Forecast
The technical analysis of Amira Nature Foods Ltd (ANFI) clearly reveals that its share price is $1.65 away +18.63% from the registered 50-day moving average of $8.85. It is $3.09 or +41.66% off from the stated 200-day MA of $7.41. After the last close, the stock price is $-4.06 up from 52-week low of $2.51 and $+318.33% below from 52-week high of $14.56
Valuation Level
The price/earnings ratio comes in the list of the major elements applied to reach the existing valuation of Amira Nature Foods Ltd Ordinary. Also stated as the P/E ratio, it assesses a firm’s valuation by taking the base as the relative expense. This formula for reaching P/E ratio is current stock price by EPS.
Amira Nature Foods Ltd (ANFI) PEG ratio stands at 0.00 while P/E ratio is 7.19. Investors follow PEG ratio to compute the realistic valuation of the stock. Investors seek stocks having lower PEG ratio as these stocks are considered undervalued. They trade at relatively lower price versus earnings growth capacity.
AMIRA offers an extensive portfolio of brands that have been carefully developed to appeal to local markets around the world. Customer tastes and expectations have been finely segmented to deliver authentic flavors that go well with a variety of popular cuisines. Consumer palettes across the market segments have been well researched and adapted to suit the requirements of various trade channels. AMIRA has expanded its product line into snacks, Ready-to-eat and organic food products.
AMIRA branded basmati rice comes from the foot hills of the Himalayas, an area dedicated to the cultivation and production of basmati rice. The rice is aged for up to a year before being processed, then prepared at a state-of-the-art treatment plant that preserves all its purity in perfect hygiene.