Phibro Animal Health Corp. (PAHC) Hits New 52-week Low During January 15 Session

Equities Staff |

Phibro Animal Health Corp. (PAHC) established a new 52-week low yesterday, and could be a company to watch at the open. After opening at $27.05, Phibro Animal Health Corp. dropped to $25.77 for a new 52-week low. By the closing bell, the company's stock was at $28.50 a share for a gain of 0.07%.

Falling to a new 52-week low is never fun for company's shareholder, but, depending on who you ask, it can be either a buy or a sell signal. Someone bearish on the stock might see it reaching its lowest price in a year as a sign of growing downward momentum and make sure they sell their shares. Bulls, though, are more likely to see a new 52-week low as the stock hitting its low point and anticipate a bounce in the share price.

However one plays it, it's often a critical moment for any stock and should be noted by investors.

Phibro Animal Health Corp. saw 303,306 shares of its stock trade hands, that's out of 39.15 million shares outstand. The stock has an average daily volume of 197,788 shares. After hitting a new 52-week low, Phibro Animal Health Corp. enters the new trading day with a market cap of 1.12 billion, a 50-day SMA of $31.47 and a 200-day SMA of $33.97

Phibro Animal Health Corp. now has a P/E ratio of 18.5.

For a complete fundamental analysis analysis of Phibro Animal Health Corp., check out Equities.com’s Stock Valuation Analysis report for PAHC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

Phibro Animal Health Corp is a diversified animal health and mineral nutrition company. It develops, manufactures and markets products for food animals including poultry, swine and cattle.

Phibro Animal Health Corp. has 1,200 employees, is led by CEO Jack Clifford Bendheim, and makes its home in Teaneck, NJ.

Phibro Animal Health Corp. is also a component of the Russell 2000 Index, which is generally viewed as the most reliable indicator of the health of the broader small-cap market. Using a rules-based methodology, it creates a simple, unbiased view of how America's stable of smaller publicly traded companies are performing in the stock markets.

The index consists of the 2,000 smallest companies of the 3,000 largest publicly-traded companies in the country as judged by market cap. It's constructed by Russell Investments, which also builds and maintains the Russell 3000 (an index consisting of all 3,000 biggest companies by market cap) and the large-cap Russell 1000 (which has the 1,000 largest companies from the Russell 3000).

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

CMX Gold & Silver Corp.

CMX Gold & Silver Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and development of silver and copper/gold properties in the USA.

Private Markets

Initial State

Initial State is an Internet of Things (IoT) data analytics & data management platform company. We turn sensor and event data into information that matters by making it easy to…

XY Find It

Founded by serial entrepreneur Arie Trouw, XY Findables follows a single guiding principle: customers should never lose anything important again. With over 50,000 users around the world, more than 100,000…