Synutra International (SYUT) Announces Quarterly Results
Synutra International (NASDAQ:SYUT) posted its quarterly earnings results on Friday. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.08 by $0.23, AR Network reports. The company had revenue of $86.00 million for the quarter, compared to the consensus estimate of $82.20 million.
Synutra International (NASDAQ:SYUT) traded up 0.50% on Friday, hitting $5.99. The stock had a trading volume of 15,020 shares. Synutra International has a 1-year low of $4.72 and a 1-year high of $10.00. The stock’s 50-day moving average is $6.59 and its 200-day moving average is $6.5. The company has a market cap of $343.2 million and a P/E ratio of 11.04.
Synutra International, Inc is an infant formula company in China. The Company principally produces, markets and sells its products under the Shengyuan or Synutra name, together with other brands.
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