FAMI Stock Surges 7.25% Amid Market Volatility

Dec 19, 2024

Farmmi, Inc. (FAMI, Financial) experienced a significant stock price increase of 7.25%. The stock is currently trading at $0.292 per share with a trading volume of 143,199 shares, a turnover rate of 1.34%, and a price fluctuation range of 5.11%.

Recent financial reports reveal Farmmi's revenue at $36.44 million, net profit at $630,492, earnings per share at $0.10, gross profit at $2.15 million, and a price-to-earnings ratio of 14.24. Currently, there are no institutional ratings for FAMI regarding buy, hold, or sell recommendations.

Within the packaging food industry, the overall growth is 0.59%. Notable performers include Stryve Foods Inc and Lifevantage Corporation, while Blue Star Foods Corp. and Arcadia Biosciences show high activity levels.

Farmmi is a supplier of agricultural products, primarily selling mushrooms and other products 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.

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