Phibro Animal Health Corporation (PAHC) Plunges 7.94% on August 28

Equities Staff  |

Phibro Animal Health Corporation (PAHC) had a rough trading day for Tuesday August 28 as shares tumbled 7.94%, or a loss of $-4.25 per share, to close at $49.25. After opening the day at $46.30, shares of Phibro Animal Health Corporation traded as high as $50.40 and as low as $41.33. Volume was 520,939 shares over 4,221 trades, against an average daily volume of 104,977 shares and a total float of 40.33 million.

As a result of the decline, Phibro Animal Health Corporation now has a market cap of $1.99 billion.

The stock has a P/E Ratio of 37.4.

In the last year, shares of Phibro Animal Health Corporation have traded between a range of $54.62 and $32.05, and its 50-day SMA is currently $48.34 and 200-day SMA is $41.03.

For a complete fundamental analysis of Phibro Animal Health Corporation, check out Equities.com’s Stock Valuation Analysis report for PAHC.

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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 Corporation is based out of Teaneck, NJ and has some 1,400 employees. Its CEO is Jack Clifford Bendheim.

Phibro Animal Health Corporation 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 Phibro Animal Health Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: PAHC’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.



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