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Stock impact report

3 Stocks Under $50 with Open Questions [Yahoo! Finance]

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: Yahoo! Finance
But their headline prices don't guarantee quality, and investors should exercise caution as some have shaky business models. Luckily for you, our mission at StockStory is to help you make money and avoid losses by sorting the winners from the losers. That said, here are three stocks under $50 to swipe left on and some alternatives you should look into instead. Share Price: $31.68 Headquartered in Atchison, Kansas, MGP Ingredients (NASDAQ:MGPI) is a leading supplier of high-quality ingredients to the food and beverage industry Why Do We Avoid MGPI? Products aren't resonating with the market as its revenue declined by 2.8% annually over the last three years Sales are expected to decline once again over the next 12 months as it continues working through a challenging demand environment Operating margin declined by 10 percentage points over the last year as its sales cratered MGP Ingredients's stock price of $31.68 implies a valuation ratio of 11.7x forward P/E. Check out Show less Read more
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