Red Oak Hereford Farms, Inc. (HERF)
Red Oak Hereford Farms, Inc. operates in the Food Distribution industry of the Consumer Defensive sector, headquartered in Red Oak, IA, US. The stock last traded at $0.01, up 0.00% on the session, giving a market capitalisation of $128,344. On trailing twelve-month figures it carries a trailing P/E of 40.00, a net margin of 0.0%. Its beta of -4.49 implies it has historically moved less than the broad market.
Red Oak Hereford Farms, Inc. through its subsidiaries, Red Oak Farms, Inc. and My Favorite Jerky, LLC markets branded fresh beef and processed beef products. Its products are distributed to retail supermarkets, and food service and direct sales markets located throughout the United States. The company, through its wholly owned subsidiary, Midland Cattle Company, Inc., buys and sells feeder cattle in the wholesale market. Its sales primarily include fresh-boxed beef in traditional primals, such as short loins, ribs, chucks, rounds and frozen-boxed primals. It is also planning to acquire and process products, along with its beef, to produce convenience meals, including its Premium Beef precooked products, frozen ground chuck patties, additional precooked offerings, beef jerky, and sticks.
Red Oak Hereford Farms, Inc. is most often compared with the following Consumer Defensive names: