Pennexx Foods, Inc. (PNNX)
Pennexx Foods, Inc. operates in the Software - Application industry of the Technology sector, headquartered in Philadelphia, PA, US. The stock last traded at $0.01, down 22.22% on the session, giving a market capitalisation of $403,446. On trailing twelve-month figures it carries a trailing P/E of -0.85, a net margin of -1287.9%. Its beta of 1.25 implies it has historically moved more than the broad market.
Pennexx Foods, Inc. specializes in supplying pre-packaged, retail-ready meat products to grocers and other food retailers situated across the central and northeastern United States. Its core operations involve the precise cutting, processing, and packaging of various meats, including beef, pork, lamb, and veal, all prepared for direct sale. Distribution of these goods to roughly 900 retail outlets is facilitated by independent trucking networks. Despite this extensive retail presence, the firm's regular customer base primarily comprises fewer than fifteen major supermarket and wholesale club chains. Pennexx faces significant market competition from Excel, a subsidiary of Cargill, Incorporated. This Philadelphia, Pennsylvania-based company was established in 1999.
Pennexx Foods, Inc. is most often compared with the following Technology names: