FAMI Stock Surges Over 5% Amid Market Activity in Packaged Foods Industry

Oct 17, 2024

Farmmi Inc. (FAMI, Financial) experienced a significant stock price increase of 5.11%, reaching $0.329 per share. The trading volume was 77,818 shares, with a turnover rate of 0.73% and a price fluctuation of 7.03%.

According to the latest financial report, Farmmi Inc. reported a revenue of $36.44 million, a net profit of $630,492, and earnings per share of $0.10. The company's gross profit stood at $2.15 million, with a price-to-earnings ratio of 0.15. Currently, there are no institutional ratings of buy, hold, or sell for the stock.

Within the packaged foods industry, where Farmmi Inc. operates, the sector saw an overall increase of 1.07%. Notable stocks with significant gains included Nuzee, Inc., Above Food Ingredients Inc, and Stryve Foods Inc. These stocks showed high turnover rates and fluctuations, with Nuzee, Inc. having a turnover rate of 4956.78% and a fluctuation of 724.21%.

Farmmi Inc. is a supplier of agricultural products, including edible mushrooms like shiitake and black fungus, with most of its sales directed to mainland China.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.