Consumer Goods Stocks Technical Reports -- NIKE, GoPro, Coach, and Snyder's-Lance
NEW YORK, October 14, 2016 /PRNewswire/ --
Companies in the Consumer Goods space are engaged in the manufacturing, marketing, and selling of personal and household products such as appliances, tobacco, food, sporting goods, and toys. On October 13, 2016, research firm Charles Schwab has reiterated its "Market Perform" rating on both the Consumer Discretionary and Consumer Staples sectors. Ahead of today's trading session, Stock-Callers.com shifts its focus on the following four stocks: NIKE Inc. (NYSE: NKE), GoPro Inc. (NASDAQ: GPRO), Coach Inc. (NYSE: COH), and Snyder's-Lance Inc. (NASDAQ: LNCE). Download the free research reports on these stocks today:
http://stock-callers.com/registration
NIKE
Beaverton, Oregon headquartered NIKE Inc.'s shares declined 0.78%, closing Thursday's trading session at $52.03. The stock recorded a trading volume of 8.42 million shares. Shares of the Company, which together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide, are trading 6.43% below their 50-day moving average. Additionally, shares of NIKE have a Relative Strength Index (RSI) of 36.12.
On October 6th, 2016, NIKE announced that Tom Peddie became the new VP, GM of North America, succeeding Joaquin Hidalgo, who had served in this role since July 2013 and will be taking a leave of absence to focus on his health. This change is effective immediately. Peddie, a 26-year Nike's veteran, has held senior management roles across Nike, including VP North America Sales and VP Global Sales.
Yesterday, research firm Canaccord Genuity reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $52 a share to $51 a share. See our free and comprehensive research report on NKE at:
http://stock-callers.com/registration/?symbol=NKE
GoPro
On Thursday, shares in San Mateo, California headquartered GoPro Inc. recorded a trading volume of 10.56 million shares, which was above their three months average volume of 8.50 million shares. The stock dropped 3.22%, ending the day at $13.84. The Company's shares have advanced 5.89% in the last month and 16.30% in the previous three months. The stock is trading above its 200-day moving average by 9.46%. Furthermore, shares of GoPro, which develops and sells mountable and wearable cameras, and accessories in the US and internationally, have an RSI of 34.98.
On September 20th, 2016, research firm Wedbush reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $14.50 a share to $17.50 a share.
On October 5th, 2016, GoPro unveiled new products and services that dramatically simplify the process of capturing, editing, and sharing engaging content, establishing GoPro as an end-to-end storytelling solution. The company introduced a new line of HERO5 cameras, cloud-based software, and drone, Karma. GPRO free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=GPRO
Coach
New York headquartered Coach Inc.'s stock finished the day 0.66%, lower at $36.29. A total volume of 4.58 million shares was traded, which was above their three months average volume of 3.51 million shares. The Company's shares have gained 2.31% in the last one month and 13.80% on an YTD basis. The stock is trading below its 200-day moving average by 3.89%. Additionally, shares of Coach, which provides luxury accessories and lifestyle brands, have an RSI of 45.15.
On September 30th, 2016, research firm Guggenheim initiated a 'Buy' rating on the Company's stock. Sign up for your complimentary report on COH at:
http://stock-callers.com/registration/?symbol=COH
Snyder's-Lance
Shares in Charlotte, North Carolina headquartered Snyder's-Lance Inc. ended yesterday's session 0.06%, higher at $34.97. The stock recorded a trading volume of 628,323 shares, which was higher than its three months average volume of 482,150 shares. The Company's shares have advanced 4.45% in the last one month, 0.78% in the previous three months, and 3.49% since the start of this year. The stock is trading 1.25% above its 50-day moving average and 7.16% above its 200-day moving average. Moreover, shares of Snyder's-Lance, which manufactures, distributes, markets, and sells snack food products in the US, have an RSI of 59.66.
On September 23rd, 2016, Snyder's-Lance announced the appointment of Alexander Pease as Executive Vice President and Chief Financial Officer (CFO), effective November 1st, 2016. The planned retirement of Rick Puckett as CFO was previously announced on May 26th, 2016. Mr. Puckett will continue in his current role as CFO until November 1st, 2016, and will remain with the company in a consulting role for a period of time to ensure a smooth transition. Mr. Pease joins the company from McKinsey & Co. bringing significant financial expertise and cross industry experience to the Snyder's-Lance organization. Register for free on Stock-Callers.com and download the latest research report on LNCE at:
http://stock-callers.com/registration/?symbol=LNCE
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