Separately, Zacks Investment Research raised shares of Farmer Bros. from a “sell” rating to a “hold” rating in a research note on Tuesday, April 5th.
Farmer Bros. stock opened at $5.32 on Thursday. The company’s fifty day moving average price is $6.58 and its 200 day moving average price is $6.72. Farmer Bros. has a 1 year low of $4.94 and a 1 year high of $13.08. The stock has a market capitalization of $98.14 million, a P/E ratio of -5.78 and a beta of 1.51. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.75 and a current ratio of 1.74.
Farmer Bros. Company Profile (Get Rating)
Farmer Bros. Co engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and culinary products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and concentrated and ready-to-drink cold brew and iced coffee.
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