NYSE:AINMachinery
Is Albany International (AIN) Pricing Reflect Long-Term Value After Three-Year 38.9% Share Price Decline
If you are wondering whether Albany International's current share price reflects its underlying worth, you are not alone. This article focuses squarely on what you are getting for the price you pay.
The stock last closed at US$59.44, with returns of 2.7% over 7 days, 3.3% over 30 days, 13.6% year to date, but a 24.3% decline over 1 year and a 38.9% decline over 3 years. These figures may have changed how the market views both its potential and its risks.
Recent news around Albany...