American Vanguard Corp. (AVD) reported quarterly earnings results on Tuesday, May-3-2016. The company said it had a profit of $0.10 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.06. The company posted revenue of $69.47 million in the period, compared to analysts expectations of $71.77 million. The company’s revenue was up 4.4% compared to the same quarter last year.
American Vanguard Corp. opened for trading at $16.63 and hit $16.99 on the upside on Monday, eventually ending the session at $16.96, with a gain of 2.48% or 0.41 points. The heightened volatility saw the trading volume jump to 2,49,842 shares. Company has a market cap of $495 M.
In a different news, on Dec 16, 2015, Ulrich Trogele (COO) purchased 2,000 shares at $13.30 per share price.
American Vanguard Corporation (AVD) operates as a holding company. The Company is primarily a specialty chemical manufacturer that develops and markets products for agricultural commercial and consumer uses. It manufactures and formulates chemicals for crops human and animal protection. It conducts its business through its subsidiaries which include AMVAC Chemical Corporation (AMVAC) GemChem Inc. 2110 Davie Corporation Quimica Amvac de Mexico S.A. de C.V. AMVAC Mexico Sociedad de Responsabilidad Limitada AMVAC de Costa Rica Sociedad de Responsabilidad Limitada AMVAC Switzerland GmbH AMVAC do Brasil Representacoes Ltda AMVAC CV AMVAC Netherlands BV and Envance Technologies LLC. AMVAC is its main operating subsidiary which owns and/or operates its domestic manufacturing facilities. AMVAC manufactures formulates packages and sells its products in the United States. AMVAC markets insecticides fungicides herbicides molluscicides growth regulators and soil fumigants.