|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.4200 - 4.4200|
|52 Week Range||2.7500 - 4.4200|
|Beta (5Y Monthly)||-0.16|
|PE Ratio (TTM)||14.17|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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a2 Milk's (NZSE:ATM) stock is up by 5.7% over the past three months. As most would know, long-term fundamentals have a...
New Zealand's a2 Milk Co Ltd has received U.S. approval to export its infant milk formula to the Unites States as the country faces a shortage of baby food. Under the approval from the U.S. Food and Drug Administration (FDA), the dairy major will be able to sell and distribute its a2 Platinum infant milk formula product through to Jan. 6, 2023, the company said on Thursday. The move will help plug a gap in baby food supply in the United States after Abbott Laboratories, the biggest U.S. supplier of powder infant formula, in February recalled dozens of products after reports of serious bacterial infections in four infants.
While not a mind-blowing move, it is good to see that the The a2 Milk Company Limited ( NZSE:ATM ) share price has...