Fresh Del Monte Produce Inc. (FDP, Financial) saw a significant stock price increase of 5.05% to $33.26 per share. The trading volume reached 124,409 shares, with a turnover rate of 0.26% and a price fluctuation amplitude of 4.22%.
Recent financial reports show Fresh Del Monte achieved a revenue of $1.02 billion and a net profit of $42.1 million, resulting in earnings per share (EPS) of $0.88. The gross profit amounted to $94.4 million, and the price-to-earnings (P/E) ratio stood at 103.86. Currently, there are no institutional recommendations for buying, holding, or selling the stock.
Within the agricultural products sector, which experienced an overall increase of 0.83%, Fresh Del Monte was among the top gainers alongside Agriforce Growing Systems Ltd. and S&W Seed Company. Notably active stocks included Agriforce Growing Systems Ltd. with a turnover rate of 16.17%, Edible Garden Ag Incorporated at 4.48%, and Shango Life Sciences at 2.45%. Significant price amplitude was recorded in Edible Garden Ag Inc C/Wts (To Pur Com) at 35.94%, Sadot Group Inc. at 16.24%, and Agriforce Growing Systems Ltd. at 15.69%.
Fresh Del Monte Produce Inc. is a leading integrated producer, marketer, and distributor of fresh-cut fruits and vegetables. The company's operations are divided into three segments: fresh and value-added products, bananas, and other products and services, including third-party freight and logistics services and poultry and meat business in Jordan. The fresh and value-added products segment contributes the most to its revenue. Geographically, Fresh Del Monte operates in North America, Europe, Asia, the Middle East, and other regions, with North America being its largest market.
