Alliance One International (NYSE:AOI) was downgraded by equities research analysts at TheStreet from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday, StockRatingsNetwork reports.
The analysts wrote, “Alliance One International (AOI) has been downgraded by TheStreet Ratings from hold to sell. The company’s weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, poor profit margins, weak operating cash flow and feeble growth in its earnings per share.”
Shares of Alliance One International (NYSE:AOI) remained flat at $3.01 during during mid-day trading trading on Wednesday. Alliance One International has a 52 week low of $2.71 and a 52 week high of $4.23. The stock’s 50-day moving average is currently $3.85. The company has a market cap of $263.8 million and a P/E ratio of 15.20.
Alliance One International, Inc is engaged in purchasing, processing, packing, storing and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products throughout the world.
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