Stock In Limelight: Amira Nature Foods Ltd (NYSE:ANFI)


Amira Nature Foods Ltd (NYSE:ANFI) has obtained a mean price target of $8.000 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.000 a share for the near-term quarter and $1.600 for this year.

Technical View

The technical analysis of Amira Nature Foods Ltd Ordinary clearly shows that the moving average of 50-days of Amira Nature Foods Ltd (NYSE:ANFI) stock is $7.757, and is trading $-0.245 points away or -3.164% from its 50-day moving average of $7.757. Further it is trading $-1.080 or -12.573% away its 200-day moving average of $8.592.

The 52-week high of Amira Nature Foods Ltd (NYSE:ANFI) was $14.090 while $3.800 is the low in the same period. This state Amira Nature Foods Ltd Ordinary shares price has to travel more than $-6.578 to register a new high of 52-weeks or drop +97.684% to touch a new 52-week low point. MA here stands for moving average.

Taking the valuation aspect to reach the estimation of Amira Nature Foods Ltd Ordinary, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Amira Nature Foods Ltd (NYSE:ANFI) ratio came in at 8.393, which was derived by dividing current price of stock by yearly earnings. Amira Nature Foods Ltd Ordinary stock recorded a close of $7.512 in last trading session, reaching a market cap of $269.01M.

Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Amira Nature Foods Ltd (NYSE:ANFI) PEG ratio is at 0.000.

1 Chart Pattern Every Investor Should Know

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