Andersons Inc (ANDE, Financial) experienced a significant stock price drop of 5.03%. The stock is currently priced at $41.36 per share with a trading volume of 132,528 shares and a turnover rate of 0.39%. The stock's price fluctuation reached 4.34%.
Recent financial reports reveal that Andersons Inc achieved a revenue of $2.621 billion and a net profit of $27.37 million, translating to an earnings per share of $0.80. The company reported a gross profit of $265 million and a price-to-earnings ratio of 11.88.
Among the two institutions that rated the stock, 100% recommended a buy, with no hold or sell suggestions. In the food distribution industry, where Andersons operates, the overall sector saw a decline of 2.57%. However, stocks like United Natural Foods, Fu Yuan Group, and Hf Foods Group Inc. showed notable increases.
Andersons Inc is a diversified company focusing on agriculture, with business segments in trade, renewable energy, and nutrition and industrial sectors. The trade segment, which deals with the distribution of commodities like grains and feed ingredients, generates most of the company's revenue, primarily from the United States, with additional income from Canada, Mexico, Egypt, Switzerland, and other markets.
