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ADY, HOOK, ALN were Biggest Losers from Consumer Goods Sector : by Penny Stock Pick Alert

Penny Stock Pick Alert reports that American Dairy, Craft Brewers Alliance and American Lorain Corporation were today Biggest stocks Losers from Consumer Goods Sector.

 



(EMAILWIRE.COM, November 17, 2009 ) Dallas, TX - American Dairy, Inc. (NYSE:ADY) declined 21.25% to close the day at $25.54 after the company reported third quarter earnings compared to a loss last year, as revenue surged 94.1% helped by robust demand and increased distribution network. However, the company lowered its revenue outlook for the year. Net income attributable to ordinary shareholders for the quarter was $11.1 million or $0.52 per share compared to a loss of $20.2 million or $1.19 per share in the corresponding period last year. Two Street analysts expected the company to report earnings of $0.31 per share for the quarter.

Craft Brewers Alliance, Inc. (NASDAQ:HOOK) declined 22.52% to end the day at $2.89. The stock hit an intraday high and an intraday low of $3.33 and $2.72 respectively. In the last six months the stock went up over 36%. Craft Brewers Alliance, Inc. produces a variety of specialty craft beers using traditional European and American brewing methods, hops, malted barley, wheat, rye and other natural ingredients.

American Lorain Corporation (AMEX:ALN) went down 5.76% to close the day at $2.62. The stock hit an intraday high and an intraday low of $2.93 and $2.62 respectively. In the last six months the stock went up over 6%. American Lorain Corporation is an integrated food manufacturing company. The Company conducts its production activities in China. The Company develops, manufactures, and sells chestnut products, convenience foods, and frozen, canned and bulk food.

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