AgFeed Industries engages in the animal nutrition and commercial hog production businesses primarily in the People's Republic of China. The company has 58 million shares outstanding with a float of 55 million shares. 2.06 million shares are held short which is 0.06 million more than the previous month. FEED has a forward P/E of 4. The PEG is 0.55, price to sales is 0.36 and price to book is 0.77. The stock briefly touched a dollar in late May and has climbed back to $1.75, but still looks dirt cheap. Revenues have been climbing year over year and quarter over quarter. The most recent quarter saw a slight revenue decline from the previous quarter, but cost of revenue was way down, allowing the company to record a positive operating income. Earnings are expected to 5 cents next quarter, 8 cents for the current year, and a whopping 43 cents for 2012. The company is expected to see 30% earnings growth per year for the next five years......
READ THE FULL ARTICLE

PSW is completely unbiased and unvested.  For more free articles like this one, please visit our website.  Small Cap Network readers please enjoy a free two week trial to our premium content here.