NEW YORK (
) -- Shares of
) were gapping down Monday morning with an open price 23.1% lower than Friday's closing price. The stock closed at 52 cents Friday and opened today's trading at 40 cents.
The average volume for AgFeed has been 1.4 million shares per day over the past 30 days. AgFeed has a market cap of $41.6 million and is part of the
industry. Shares are down 82.3% year to date as of the close of trading on Friday.
AgFeed Industries, Inc., through its subsidiaries, engages in animal nutrition and commercial hog producing businesses in the People's Republic of China.
TheStreet Ratings rates AgFeed as a
. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and generally weak debt management. You can view the full
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