Pre-Market Review on Packaged Foods and Meats Equities -- Kraft Foods, Pilgrim's Pride, WhiteWave Foods, Mead Johnson Nutrition, and Pinnacle Foods
16 Apr, 2015, 08:30 ET
LONDON, April 16, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Kraft Foods Group Inc. (NASDAQ: KRFT), Pilgrim's Pride Corporation (NASDAQ: PPC), The WhiteWave Foods Company (NYSE: WWAV), Mead Johnson Nutrition Company (NYSE: MJN), and Pinnacle Foods Inc. (NYSE: PF). Free research report on Kraft Foods can be accessed at http://get.Investor-Edge.com/pdf/?c=Kraft%20Foods&d=16-Apr-2015&s=KRFT. On Wednesday, April 15, 2015, the NASDAQ Composite ended at 5,011.02, up 0.68%, the Dow Jones Industrial Average advanced 0.42%, to finish the day at 18,112.61, and the S&P 500 closed at 2,106.63, up 0.51%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Consumer Staples Sector Index ended the day at 506.91, down 0.25%, while the index has advanced 2.60% in the last one month. Register for your complimentary reports at the links given below.
Kraft Foods Group Inc.'s stock finished Wednesday's session 0.34% lower at $86.86. A total of 4.31 million shares were traded, which was below its three months average volume of 6.84 million shares. The stock moved between $86.35 and $87.45 during the session. Over the last one month and the previous three months, Kraft Foods Group Inc.'s shares have surged 40.89% and 32.24%, respectively. Additionally, the stock has gained 54.72% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $70.62 is greater than its 200-day moving average of $61.95. Kraft Foods Group Inc.'s stock traded at a PE ratio of 26.67 and has a Relative Strength Index (RSI) of 68.31. Sign up and read the free notes on KRFT at:
On Wednesday, shares in Pilgrim's Pride Corp. fluctuated between $24.51 and $25.06 before ending the session 0.73% higher at $24.71. The stock reported a trading volume of 1.34 million shares, below its three months average volume of 2.68 million shares. Shares of the company traded at a PE ratio of 8.71. Although, Pilgrim's Pride Corp.'s shares have lost 1.34% in the last one month, it has advanced 6.08% in the previous three trading sessions and 36.25% in the past one year. The company is trading below its 50-day and 200-day moving averages of $25.83 and $26.23, respectively. Moreover, shares of Pilgrim's Pride Corp. have an RSI of 48.26. The complimentary notes on PPC can be downloaded as in PDF format at:
The WhiteWave Foods Co.'s stock edged 0.17% higher, to close the day at $46.61. The stock recorded a trading volume of 1.08 million shares, below its three months average volume of 1.73 million shares. The stock oscillated between $46.54 and $47.07 during the session. Over the last one month and over the past three months, The WhiteWave Foods Co.'s shares have surged 11.61% and 42.28%, respectively. Further, the stock has rallied 74.31% in the previous year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $41.39 is above its 200-day moving average of $36.07. Additionally, The WhiteWave Foods Co. traded at a PE ratio of 54.14 and has an RSI of 73.04. Register for free on Investor-Edge and access the latest research on WWAV at:
On Wednesday, shares in Mead Johnson Nutrition Co. recorded a trading volume of 1.18 million shares, higher than its three months average volume of 0.99 million shares. The stock ended the day at $101.03, which was 0.27% below its previous day's closing of $101.30, and registered an intraday range of $100.93 and $102.01. Shares of the company traded at a PE ratio of 28.53. Mead Johnson Nutrition Co.'s shares have advanced 1.64% in the last one month, 2.52% in the previous three months and 22.89% in the past one year. The company is trading above its 200-day moving average of $98.51. Furthermore, shares of Mead Johnson Nutrition Co. have an RSI of 49.13. The complete research on MJN is available for free at:
Pinnacle Foods Inc.'s stock gained 1.00%, to close Wednesday's session at $41.46, after oscillating between $41.11 and $41.59. The stock recorded a trading volume of 0.68 million shares, below its three months average volume of 1.01 million shares. Over the last one month and the previous three months, Pinnacle Foods Inc.'s shares have advanced 6.25% and 15.33%, respectively. Additionally, the stock has surged 40.26% in the last one year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $38.31 is above its 200-day moving average of $34.39. Further, Pinnacle Foods Inc.'s stock traded at a PE ratio of 27.27 and has an RSI of 62.01. Free in depth research on PF is available at:
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