Farmer Bros. (NASDAQ:FARM – Get Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday.
Farmer Bros. Stock Performance
Shares of FARM stock opened at $5.85 on Tuesday. Farmer Bros. has a one year low of $4.33 and a one year high of $9.28. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.71 and a current ratio of 1.74. The firm’s 50 day moving average price is $5.04 and its 200-day moving average price is $5.68. The firm has a market cap of $107.92 million, a P/E ratio of -6.36 and a beta of 1.45.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. S. Muoio & CO. LLC acquired a new stake in shares of Farmer Bros. in the fourth quarter valued at $162,000. Gamco Investors INC. ET AL grew its holdings in Farmer Bros. by 4.1% during the 4th quarter. Gamco Investors…