Mission Produce (AVO) to Release Earnings on Monday

Mission Produce (NASDAQ:AVO - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Monday, March 10th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $285.60 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Mission Produce Stock Down 1.8 %

NASDAQ:AVO traded down $0.21 on Thursday, hitting $11.50. The stock had a trading volume of 67,266 shares, compared to its average volume of 261,481. The company has a quick ratio of 1.26, a current ratio of 1.87 and a debt-to-equity ratio of 0.23. Mission Produce has a 52 week low of $9.54 and a 52 week high of $15.25. The business's fifty day moving average is $12.43 and its 200 day moving average is $12.48. The company has a market cap of $816.97 million, a PE ratio of 22.54 and a beta of 0.47.

Insider Buying and Selling

In other news, Director Luis A. Gonzalez sold 20,000 shares of the stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $14.18, for a total value of $283,600.00. Following the completion of the sale, the director now directly owns 275,000 shares of the company's stock, valued at $3,899,500. This represents a 6.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Stephen J. Barnard sold 7,032 shares of Mission Produce stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $14.51, for a total value of $102,034.32. Following the transaction, the chief executive officer now directly owns 1,787,450 shares in the company, valued at approximately $25,935,899.50. The trade was a 0.39 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 224,252 shares of company stock worth $3,256,786 in the last ninety days. Corporate insiders own 35.41% of the company's stock.

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About Mission Produce

Mission Produce, Inc engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries.