Amira Nature Foods Ltd (ANFI) Makes a Place in List of Buzzing Stocks

delhi, February 18, 2016 (Newswire.com) - Amira Nature Foods Ltd (ANFI) has fetched a consensus price recommendation of $8.00 by analysts. This one-year price estimate represents the mean of recommendation given by the firms included in First Call poll. These brokerages have estimated earnings of $0.00 per share for the coming quarter and $1.60 for the current year.

Technical View

The technical analysis of Amira Nature Foods Ltd Ordinary clearly shows that the 50-day moving average of stock is $9.26, and currently stock is trading 0.40 or +4.31% off from this level. Also, it is known that the 200-day MA stands at $7.29, and the stock price is $2.37 or +32.42% away from this level. The 52-week high of Amira Nature Foods Ltd (ANFI) was $14.56 and the 52-week low was $2.51. This implies the stock has to move over $-4.90 to make a new 52-week high or plunge $+284.86% to make a new 52-week low.

Taking the Valuation Aspect

To highlight the current valuation status of Amira Nature Foods Ltd Ordinary, investors can use price-to-earnings ratio. This ratio, which is commonly known as P/E ratio, is used to assess stock against its relative expenses. Amira Nature Foods Ltd (ANFI) ratio came in at 6.62 which was derived by dividing its stock latest price by yearly EPS. In the last session, the stock closed at $9.66 recording a market cap of $347.10M.

To evaluate company’s growth, investors compute the Price-to-Earnings Growth ratio. A higher PEG ratio implies that earnings growth prospects of a company is higher than latest market price. Conversely, a low PEG ratio indicates the opposite. A stock falls in the list of undervalued stocks if PEG ratio is in between 0 and 1. It is believed to be trading at fair value if the ratio falls in between 1 and 2. At present, the Amira Nature Foods Ltd (ANFI) PEG ratio is at 0.00.