Technical Commentary on Food Products Equities -- Research on Kellogg, ConAgra Foods, Hershey, and Unilever Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 12, 2014 /PRNewswire/ --
The trading session on Friday, May 09, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,583.34, up 0.20% and the NASDAQ Composite closed at 4,071.87, up 0.50%. The S&P 500 finished the day 0.15% higher at 1,878.48. During the trading session six out of ten sectors finished on a positive note. The S&P 500 Consumer Staples Sector Index ended the day 0.47% higher at 456.84, and the index has gained 7.51% in the previous three months. Investor-Edge has initiated coverage on the following equities: Kellogg Co. (NYSE: K), ConAgra Foods Inc. (NYSE: CAG), The Hershey Co. (NYSE: HSY) and Unilever N.V (NYSE: UN). Free technical research on K, CAG, HSY and UN can be downloaded upon signing up at:
Kellogg Co.'s stock finished Friday's session 1.79% higher at $67.21. A total of 2.33 million shares were traded, which was above its three months average volume of 2.25 million shares. The stock moved between $65.96 and $67.23 during the session. Kellogg Co.'s shares have gained 2.86% in the previous three trading sessions, 2.33% in the last one month and 10.05% from the beginning of 2014. The company's shares are trading above their 50-day and 200-day moving averages. The stock's 50-day moving average of $63.87 is above its 200-day moving average of $61.95. Moreover, Kellogg Co.'s stock traded at a PE ratio of 9.80 and has a Relative Strength Index (RSI) of 62.91. Sign up today to read free research on K at:
Shares in ConAgra Foods Inc. edged 0.89% higher on Friday, closing the day at $30.77. The stock recorded a trading volume of 1.86 million shares, much below its three months average volume of 3.50 million shares. The stock oscillated between $30.42 and $30.79 during the session. Shares of the company traded at a PE ratio of 14.79. ConAgra Foods Inc.'s shares have gained 1.92% in the previous three trading sessions and 0.89% in the last one month. However, the stock has declined 8.69% since the start of this year. The company's shares are trading above their 50-day moving average. ConAgra Foods Inc.'s 50-day moving average of $30.33 is below its 200-day moving average of $32.01. Further, the company's stock has an RSI of 51.98. Sign up today to read free research on CAG at:
On Friday, shares in The Hershey Co. fluctuated between $95.34 and $96.38 before ending the session 0.21% lower at $96.03. The company's stock reported a trading volume of 1.09 million shares, lower than its three months average volume of 1.18 million shares. Over the previous three trading sessions and in the last one month, shares in The Hershey Co. have lost 0.03% and 2.33%, respectively. Also, the company's shares have declined 1.23% on YTD basis. The Hershey Co.'s stock is trading below its 50-day and 200-day moving averages of $101.62 and $97.88, respectively. Furthermore, the company's shares traded at a PE ratio of 25.49 and have an RSI of 36.17. Sign up today to read free research on HSY at:
On Friday, shares in Unilever N.V. recorded a trading volume of 1.82 million shares, which was above its three months average volume of 1.76 million shares. On Friday, the stock finished the day at $42.67, which was 0.26% higher its previous day's closing of $42.56, and registered an intraday range of $42.54 and $42.81. Shares in Unilever N.V. have gained 1.28% in the previous three trading sessions, 0.99% in the last one month and 6.07% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $40.83 and $39.40, respectively. Additionally, the company's stock has an RSI of 61.01. Sign up today to read free research on UN at:
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.