The stock of Hain Celestial Group Inc. (HAIN, Financial) recently experienced a significant drop of 5.10%. At the latest report, HAIN was trading at $6.88 per share with a trading volume of 825,423 shares. The turnover rate stood at 0.92%, and the price fluctuation rate was recorded at 5.79%.
Recent financial reports reveal that HAIN generated $395 million in revenue but posted a net loss of $19.66 million, translating to a loss per share of $0.22. The company's gross profit was $79.43 million, resulting in a price-to-earnings ratio of -7.34. Among analysts covering the stock, 36% recommend buying, while 64% suggest holding, with no sell recommendations.
In the broader packaged foods sector, which dipped by 0.79%, some of HAIN’s peers like Clene Inc and others saw notable activity. Stocks such as Clene Inc exhibited significant price swings, with a fluctuation rate of 68.57%.
Hain Celestial is known for producing natural organic foods and personal care products under brands like Garden Veggie Snacks and Celestial Seasonings. The company operates primarily in North America and internationally, with a majority of revenue from the North American market.
