Nongfu Spring (NNFSF) Expected to Post Quarterly Earnings on Tuesday

Nongfu Spring (OTCMKTS:NNFSF) is projected to issue its results after the market closes on Tuesday, August 25th. Analysts expect the company to announce earnings of $0.1177 per share and revenue of $4.3252 billion for the quarter.

Nongfu Spring Price Performance

Shares of NNFSF stock opened at $5.39 on Friday. Nongfu Spring has a one year low of $5.10 and a one year high of $6.12. The company has a 50 day moving average price of $5.31 and a 200 day moving average price of $5.87.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein started coverage on shares of Nongfu Spring in a research note on Monday, June 15th. They set an “outperform” rating for the company. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Nongfu Spring currently has a consensus rating of “Buy”.

About Nongfu Spring

Nongfu Spring Co, Ltd. is a leading Chinese beverage company specializing in the production and distribution of bottled water and a broad range of liquid refreshments. The company’s core business centers on sourcing and bottling natural spring water from carefully selected locations across China, and it has built a strong reputation for purity and quality. In addition to its flagship still water products, Nongfu Spring offers a diversified portfolio that includes tea-based beverages, fruit juices, functional drinks and dairy-based lines.

Since its establishment in 1996 and with headquarters in Hangzhou, Zhejiang Province, Nongfu Spring has expanded its operations to serve consumers nationwide.