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China Marine Food Group's CEO Discusses Q2 Results - Earnings Call Transcript
Shares of China Marine Food Group (AMEX:CMFO) have taken a tremendous swing upward. The stock is trading at $1.72 as of 3:55 p.m. ET, 20.3% above Monday's closing price of $1.43. Volume is at 226,852, 3.3 times the daily average of 68,200.
China Marine Food Group was a winner within the food & beverage industry, rising 4 cents (2.3%) to $1.79 on light volume.
With market capitalizations of less than $300 million, analysts expect these stocks to generate attractive returns.
Shares of China Marine Food Group (AMEX:CMFO) have taken a tremendous swing upward. The stock is trading at $3.02 as of 9:31 a.m. ET, 24.8% above Tuesday's closing price of $2.42. Volume is at 6,626, zero times the daily average of 138,100.
China Marine Food, Yuhe and China New Borun are food stocks with huge potential upside in the next year.
Shares of China Marine Food Group (AMEX:CMFO) were gapping up Friday morning with an open price 13.9% higher than Thursday's closing price. The stock closed at $3.88 yesterday and opened today's trading at $4.42.
Shares of China Marine Food Group (AMEX:CMFO) have taken a tremendous swing upward. The stock is trading at $4.62 as of 10:51 a.m. ET, 20.3% above Wednesday's closing price of $3.84. Volume is at 792,669, 4.4 times the daily average of 181,900.
General Mills is among the food and beverage stocks that received highest buy ratings.
Wheat futures swung back to negative territory Tuesday as Egyptian President Hosni Mubarak's appointment of a new cabinet failed to halt demonstrations.
These stocks from the consumer non-cyclical industry have a minimum potential upside of 34%.
Wheat prices fell sharply Friday, while soybeans enjoyed a soft landing.
Wheat led the gains in grain prices Wednesday after a major purchase by Algeria's state grain-buying unit.
Analysts predict plenty of upside for these 10 food stocks as food prices continue to rise.
As bears and bulls battle, the fates of Chinese small-caps often hang in the balance.
Some U.S.- listed China stocks leave themselves vulnerable to speculation of fraud even when none exists.
The Street.com sat down with Marco Ku, CFO of China Marine Food Group, to discuss the recent controversy on its acquisition of Hi-Power.
Zhongpin, American Lorain and China Marine Food Group continue to witness demand growth in the domestic market.
The wRatings Corporation, a consumer-based equities research firm, announced today its 2010 Consumer Goods rankings for the Most Competitive companies.
China's food sector is undervalued with certain small-caps trading with P/Es at a discount to the domestic Chinese and U.S. stock markets.
The financial sector and commodities found interest while small-caps and big tech stocks got stuck in the mud.
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