American Vanguard (NYSE:AVD) Stock Crosses Above 200-Day Moving Average – Should You Sell?

American Vanguard Corporation (NYSE:AVD) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.87 and traded as high as $4.97. American Vanguard shares last traded at $4.72, with a volume of 185,755 shares traded.

Wall Street Analyst Weigh In

Several research analysts recently commented on AVD shares. Wall Street Zen downgraded shares of American Vanguard from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings restated a “sell (e+)” rating on shares of American Vanguard in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $12.00.

American Vanguard Stock Down 3.9%

The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.90 and a current ratio of 1.77. The firm has a market capitalization of $134.38 million, a PE ratio of -1.19 and a beta of 1.25. The company’s 50 day simple moving average is $4.55 and its 200-day simple moving average is $4.87.

Institutional Trading of American Vanguard

Institutional investors and hedge funds have recently modified their holdings of the business. Strs Ohio purchased a new position in shares of American Vanguard during the first quarter worth about $28,000. nVerses Capital LLC bought a new stake in American Vanguard during the fourth quarter valued at approximately $42,000. Virtu Financial LLC bought a new stake in American Vanguard during the fourth quarter valued at approximately $52,000. CWM LLC grew its stake in American Vanguard by 46.8% in the 2nd quarter. CWM LLC now owns 13,838 shares of the basic materials company’s stock worth $54,000 after buying an additional 4,413 shares in the last quarter. Finally, Jain Global LLC bought a new position in shares of American Vanguard in the 4th quarter worth $53,000. Hedge funds and other institutional investors own 79.00% of the company’s stock.

American Vanguard Company Profile

American Vanguard Corporation (NYSE: AVD) is a developer, manufacturer and marketer of specialty chemical products for crop protection, turf and ornamental care, and public health pest control. Headquartered in Newport Beach, California, the company offers a portfolio of insecticides, herbicides, fungicides and rodenticides designed for use across agricultural, turf and urban pest management applications. Its research and development efforts focus on novel chemistries and formulation technologies that address emerging pest resistance and regulatory requirements.

The company’s product lines include emulsifiable concentrates, wettable powders, granular formulations, baits and liquid concentrates sold under proprietary brand names.