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Shares of American Vanguard Corp. (NYSE:AVD) hit a new 52-week low during mid-day trading on Thursday , American Banking reports. The stock traded as low as $13.38 and last traded at $13.48, with a volume of 88,982 shares changing hands. The stock had previously closed at $13.50.

AVD has been the subject of a number of recent research reports. 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 investment 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 company. The stock currently has an average rating of “Hold” and a consensus target price of $22.66.

The stock’s 50-day moving average is $14.94 and its 200-day moving average is $20.88. The company has a market cap of $387.8 million and a P/E ratio of 20.15.

American Vanguard Corp. (NYSE:AVD) last released its earnings data on Thursday, May 1st. The company reported $0.07 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.59 earnings per share. American Vanguard Corp.’s revenue was down 33.3% compared to the same quarter last year. Analysts expect that American Vanguard Corp. will post $0.65 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, July 17th. Shareholders of record on Thursday, July 3rd will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend is Tuesday, July 1st.

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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