Shares of PT Indofood Sukses Makmur Tbk (OTCMKTS:PIFMY – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $19.7153, but opened at $18.15. PT Indofood Sukses Makmur Tbk shares last traded at $18.15, with a volume of 623 shares traded.
Analyst Ratings Changes
Separately, Zacks Research raised shares of PT Indofood Sukses Makmur Tbk from a “strong sell” rating to a “hold” rating in a report on Friday, September 4th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, the stock has an average rating of “Hold”.
Check Out Our Latest Analysis on PIFMY
PT Indofood Sukses Makmur Tbk Stock Performance
The firm’s 50-day moving average price is $20.00 and its 200 day moving average price is $19.68.
PT Indofood Sukses Makmur Tbk Company Profile
PT Indofood Sukses Makmur Tbk is an Indonesia-based integrated food company with operations spanning food manufacturing, agribusiness, distribution and related businesses. The company serves consumers through a broad portfolio of branded food products and has developed an extensive supply chain covering raw materials, processing, manufacturing and distribution.
Its Consumer Branded Products division offers products such as instant noodles, dairy products, snack foods, food seasonings, nutrition products and beverages.
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