Stock Update (NYSE:ANFI): Amira Nature Foods Ltd Expects to File Its 20-F As Soon As Practically Possible
Amira Nature Foods Ltd (NYSE:ANFI), a leading global provider of branded packaged Indian specialty rice, announced today that it expects to become compliant with all NYSE listing requirements subsequent to missing the July 31, 2015 deadline for filing its 20-F due to its change in certifying accountants. Amira has commenced work with its new audit partners and expects to file its 20-F as soon as practical.
“We remain confident in the integrity of our historical financials and our finance team continues to work diligently to complete our filing requirements,” said Karan A Chanana, Chairman of Amira Nature Foods Ltd. (Original Source)
Shares of Amira Nature Foods closed today at $3.93, down $0.09 or 2.24%. ANFI has a 1-year high of $18.52 and a 1-year low of $2.51. The stock’s 50-day moving average is $6.88 and its 200-day moving average is $9.54.
On the ratings front, Oppenheimer analyst Rupesh Parikh maintained a Buy rating on ANFI, in a report issued on August 3. According to TipRanks.com, Parikh has a total average return of 4.3%, a 60.2% success rate, and is ranked #919 out of 3755 analysts.
Amira Nature Foods Ltd is a provider of packaged Indian specialty rice, with sales in over 60 countries. It also sell other products such as wheat, barley and legumes.