(Comment on this article at http://www.financialwire.net/2010/03/17/valuengine-analytics-on-reddy-ice/)
March 17, 2010 (FinancialWire) (Investrend Research Syndicate) -- ValuEngine has issued a 13-page company summary research report on Reddy Ice Holdings, Inc. (NYSE: FRZ) (Approx. Market Cap US$ 117.9 Million), dated March 11, 2010.
Reddy Ice Holdings engages in the manufacture and distribution of packaged ice in the United States. The company was founded in 2003 and is headquartered in Dallas, Texas.
The full ValuEngine report on Reddy Ice Holdings includes important disclosures, disclaimers and analyst information. ValuEngine and Investrend both strongly advise that investors exercise an expeditious degree of due diligence before trading in the equities of any public company, including carefully and entirely reading all available analyst reports and respective report disclosures, and then only in conjunction with advice from at least one trusted, registered financial advisor or broker. ValuEngine and Investrend further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of a potential investor’s total investigative process. (More about ratings and valuations is available at http://www.investrend.com/ratings).
The entire ValuEngine report on Reddy Ice Holdings is accessible via Investrend.com (at http://www.investrend.com/recent-research).
FRZ stock closed at $5.18 per-share yesterday, trading on volume of 90,000 shares (vs. a 3-month average daily trading volume of 172,811 shares). BusinessWeek.com notes FRZ stock’s 52-week high as $6.30 per-share on August 26, 2009, and FRZ’s 52-week low as $1.40 on March 19, 2009. Yahoo Finance notes FRZ’s 1-year target estimate (per-share stock projected valuation) at $13.50.
Reddy Ice Holdings’ SEC filings are directly accessible via the SEC website (at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001268984).
Source for Reddy Ice Holdings’ company description: Reddy Ice Holdings, Inc.
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Disclosure: No positions.