Is This Stock a Screaming Buy: Amira Nature Foods Ltd. (NYSE:ANFI)

Equity Research firms currently have a positive stance on shares of Amira Nature Foods Ltd. (NYSE:ANFI). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $13.00 on a short term basis.

At the time of writing, the stock was trading at $8.27. This represents a change from the opening price of -1.25%. In terms of performance, year to date, the stock is -9.99%. The monthly stock performance comes in at 10.81%. For the quarter, shares are performing at 9.92%. Weekly performance analysis shows the equity at -0.49%.

In taking a look at technical levels, shares are trading 6.33% away from the 50 day simple moving average and -3.88% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -41.27% away from it’s 52- week high and 88.93% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Amira Nature Foods Ltd.’s RSI stands at 57.96. In looking at volatility levels, the shares saw weekly volatility of 3.89% and 3.72% over the past month.

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