NEW YORK, May 25, 2017 /PRNewswire/ --
Stock-Callers.com has initiated reports coverage on Nomad Foods Ltd (NYSE: NOMD), Treehouse Foods Inc. (NYSE: THS), B&G Foods Inc. (NYSE: BGS), and McCormick & Co. Inc. (NYSE: MKC). Processed and Packaged Goods companies, for the most part, are considered consumer staples, in as much as they sell products that are consumed all year round in all economic cycles, such as basic foods and beverages. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
Feltham, the UK headquartered Nomad Foods Ltd's stock finished Wednesday's session 0.30% lower at $13.17 with a total trading volume of 821,349 shares. The Company's shares have advanced 15.32% in the past month, 21.27% over the previous three months, and 37.62% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.26% and 19.78%, respectively. Furthermore, shares of Nomad Foods, which manufactures and distributes frozen foods primarily in the UK, Italy, Germany, Sweden, France and Norway, have a Relative Strength Index (RSI) of 76.37.
On May 18th, 2017, Nomad Foods announced that Paul Kenyon, CFO, will be presenting at the RBC Capital Markets Consumer and Retail Conference on May 31st, 2017, at 1:20 p.m. ET. An audio webcast and slides from the presentation will be made available on the Company's website. Visit us today and access our complete research report on NOMD at:
Shares in Oak Brook, Illinois-based Treehouse Foods Inc. ended at $77.82, up 0.44% from the last trading session. The stock recorded a trading volume of 156,476 shares. The Company's shares have gained 7.80% on an YTD basis. The stock is trading 5.04% below its 200-day moving average. Moreover, shares of Treehouse Foods, which operates as a food and beverage manufacturer in the US and Canada, have an RSI of 38.85.
On May 05th, 2017, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'.
On May 22nd, 2017, Treehouse Foods announced that it has completed the sale transaction of its Soup and Infant Feeding ("SIF") business to Riverbend Foods LLC, a newly formed portfolio company of Insight Equity, a private equity firm. The SIF business is based in Pittsburgh, PA, and is a leading manufacturer of private-label, condensed, and ready-to-serve soup, baby food, and gravy packaged in cans, glass jars, and Tetra Recart® formats. The complimentary report on THS can be downloaded at:
Parsippany, New Jersey headquartered B&G Foods Inc.'s stock ended yesterday's session 1.12% higher at $40.55 with a total trading volume of 554,837 shares. The Company's shares are trading 0.23% below their 50-day moving average. Shares of the Company, which manufactures, sells, and distributes a portfolio of shelf-stable, and frozen food and household products in the US, Canada, and Puerto Rico, have an RSI of 49.73.
On May 18th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'.
On May 23rd, 2017, B&G Foods announced that its Board of Directors has declared a regular quarterly cash dividend of $0.465 per share of common stock. The dividend is payable on July 31st, 2017, to shareholders of record as of June 30th, 2017. At the closing market price of the common stock on May 23rd, 2017, the current dividend rate represents an annualized yield of 4.6%. Register for free on Stock-Callers.com and access the latest research report on BGS at:
On Wednesday, shares in Sparks, Maryland-based McCormick & Co. Inc. recorded a trading volume of 347,945 shares. The stock finished 0.96% higher at $103.51. The Company's shares have advanced 2.81% in the last one month, 4.65% in the previous three months, and 10.91% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.32% and 6.86%, respectively. Furthermore, shares of McCormick, which manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry, have an RSI of 67.27.
On May 03rd, 2017, McCormick announced that it was recognized among the 2017 Top 50 Companies for Diversity. This award is the result of a highly competitive survey conducted by DiversityInc, which highlights successes and best practices that promote the growth and advancement of underrepresented groups in the workplace. McCormick placed 45th in the list of global companies at DiversityInc's awards ceremony in New York City on May 02nd, 2017. Get free access to your research report on MKC at:
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