The stock price of Australian salmon farming company Tassal is 8.6 percent lower than it was a year ago.
The stock price hit its 52-week high on Dec.16, 2011, when it reached AUD1.60 ($1.68/€1.29) per share. It fell as low as AUD 1.15 ($1.20/€0.92) on Aug. 7, but has since recovered to around AUD1.39 ($1.46/€1.12), where it closed Wednesday.
In August, the company reported its net profit for the year ended June 30, 2012, dropped 7.2 percent to AUD $28.1 million ($29.4 million/€23.4