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American Vanguard Corp. (NYSE:AVD)’s share price reached a new 52-week low on Monday , American Banking News reports. The stock traded as low as $13.77 and last traded at $13.98, with a volume of 466,427 shares changing hands. The stock had previously closed at $15.22.

A number of research firms have recently commented on AVD. Analysts at SunTrust cut their price target on shares of American Vanguard Corp. from $21.00 to $16.00 in a research note on Tuesday, May 13th. Separately, analysts at Topeka Capital Markets downgraded shares of American Vanguard Corp. from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd. They now have a $17.00 price target on the stock, down previously from $23.00. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $22.66.

The stock’s 50-day moving average is $17.02 and its 200-day moving average is $22.2. The company has a market cap of $401.6 million and a P/E ratio of 22.72.

American Vanguard Corp. (NYSE:AVD) last announced its earnings results on Thursday, May 1st. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.04. The company had revenue of $81.10 million for the quarter, compared to the consensus estimate of $81.20 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was down 33.3% on a year-over-year basis. On average, analysts predict that American Vanguard Corp. will post $0.71 earnings per share for the current fiscal year.

American Vanguard Corporation operates as a holding company. It is primarily a chemical manufacturer that develops and markets products for agricultural and commercial uses.

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