Phibro continues to win over investors 6 months after IPO

Even in the midst of a rocky week on the public markets, shares of Wall Street newcomer Phibro Animal Health ($PAHC) continued to ride a wave of positive analyst notes and overall investor enthusiasm for the animal health industry. The Teaneck, NJ-based company markets a range of antibiotics, vaccines and specialty nutritional products to the livestock industry. Last Monday's 5.34% gain made the company one of the best performers in the Russell 2000--with 333,474 shares traded, versus an average daily volume of 92,043--according to Equities.com. Phibro, which priced its April IPO at $15 a share, traded to a high of $26.19 during the week before settling at $23.45. Article

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