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Fresh Del Monte Produce Inc. (FDP)
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The Price Sales Ratio, also known as the Price-to-sales ratio, P/S ratio, or PSR, is a metric used to value stocks based on the company's revenues, and used to compare companies within a sector and within an industry. It is calculated by dividing the price per share by the sales per share, or by div...
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thecorrectcall.com
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Jul 29, 2008
about
FDP
Shares of Fresh Del Monte (FDP) are getting hammered by about 13.5% after it said second-quarter profits plunged 34%. The weather was the main culprit as the value of its merchandise was damaged by storms and floods. FDP was forced to record an asset impairment at its banana farms in Brazil due to f...
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