The Andersons Inc. (ANDE) Plunges 9.55% on November 08

Equities Staff |

The Andersons Inc. (ANDE) had a rough trading day for Wednesday November 08 as shares tumbled 9.55%, or a loss of $-3.275 per share, to close at $31.03. After opening the day at $31.10, shares of The Andersons Inc. traded as high as $32.10 and as low as $30.65. Volume was 282,723 shares over 2,421 trades, against an average daily volume of 98,637 shares and a total float of 28.4 million.

As a result of the decline, The Andersons Inc. now has a market cap of $881.11 million. In the last year, shares of The Andersons Inc. have traded between a range of $44.90 and $30.80, and its 50-day SMA is currently $34.44 and 200-day SMA is $35.32.

For a complete fundamental analysis of The Andersons Inc., check out Equities.com’s Stock Valuation Analysis report for ANDE.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

Andersons Inc is predominantly an agricultural products distributor in the United States. It also is engaged in the manufacture of ethanol, fertilizers and rail operations.

The Andersons Inc. is based out of Maumee, OH and has some 2,998 employees. Its CEO is Patrick E. Bowe.

The Andersons Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on The Andersons Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ANDE’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

Viking Energy Group Inc

Viking Investments Group Inc provides professional advisory and consulting services to companies undergoing or anticipating periods of rapid growth, change or ownership transition.

Private Markets

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.

Voleo

Voleo is a free download that allows you to form investment clubs with your friends, family, colleagues, classmates, teammates…basically anyone you know and trust. Invest and manage a stock portfolio…