Food Products Industry Market Movers: Mondelez Intl., WhiteWave Foods, The Hershey, and Chiquita Brands Intl.
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LONDON, January 9, 2014 /PRNewswire/ --
On Wednesday, January 08, 2014, the U.S. equity market mostly edged lower. The S&P 500 ended the day at 1,837.49, down 0.02%; the Dow Jones Industrial Average closed at 16,462.74, down 0.41%; and the NASDAQ Composite Index finished at 4,165.61, up 0.30%. The S&P 500 Consumer Staples Sector Index closed the session 0.71% lower at 434.35; and the S&P 500 Food Products Industry Index closed at 443.37, down 0.79%. The S&P 500 Food Products Industry Index has gained 7.87% in the previous three months, underperforming the S&P 500, which has gained 11.00% during the same period. The major movers in the consumer staples sector included Mondelez International Inc. (NASDAQ: MDLZ), WhiteWave Foods Co. (NYSE: WWAV), The Hershey Co. (NYSE: HSY), and Chiquita Brands International Inc. (NYSE: CQB). AAAResearchReports.com has completed their technical analysis on MDLZ, WWAV, HSY, and CQB and these free reports are accessible by registering at:
http://www.aaaresearchreports.com/register/
Mondelez International Inc.'s stock oscillated between $34.59 and $34.86, before closing the Wednesday's session 0.03% higher at $34.82. A total of 9.28 million shares were traded, which is above the daily average volume 8.35 million. The company's shares have surged 13.46% in the previous three months, outperforming the S&P 500, which has gained 11.00% during the same period. Moreover, Mondelez International Inc.'s stock is trading near its 52-week high of $35.43 and also above its 50-day and 200-day moving averages of $33.99 and $31.60, respectively. Sign up for free technical research on MDLZ at:
http://www.AAAResearchReports.com/MDLZ010914.pdf
Shares in WhiteWave Foods Co. ended the day at $24.21, down 0.12%, after fluctuating between $23.97 and $24.50 during Wednesday's trading session. A total of 1.58 million shares were traded, which is above the daily average volume of 1.35 million. Despite Wednesday's decline, the company's shares have surged 11.16% in the previous one month and 31.79% in the last three months, outperforming the S&P 500, which has gained 1.79% and 11.00% during the respective periods. Furthermore, WhiteWave Foods Co.'s stock is trading near its 52-week high of $24.83 and also above its 50-day and 200-day moving averages of $21.60 and $19.02, respectively. Be sure to read our latest technical research on WWAV by registering at:
http://www.AAAResearchReports.com/WWAV010914.pdf
The Hershey Co.'s stock advanced on Wednesday, finishing the day 0.76% higher from the previous day's closing price of $97.00. The company's shares vacillated between $97.06 and $98.90, before closing the day at $97.74. A total of 1.49 million shares were traded, which is above the daily average volume of 0.67 million. The Hershey Co.'s shares have advanced 2.01% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.33% during the same period. Further, the company's stock is trading above its 50-day and 200-day moving averages of $96.95 and $92.52, respectively. Sign up and read the complimentary report on HSY at:
http://www.AAAResearchReports.com/HSY010914.pdf
Chiquita Brands International Inc.'s stock fell 1.69% on Wednesday, closing the day at $11.66, after fluctuating between $11.54 and $11.87 during the trading session. A total of 0.25 million shares were traded, which is below the daily average volume of 0.44 million. Despite Wednesday's pullback, the company's shares have gained 7.96% in the previous one month, outperforming the S&P 500, which has gained 1.79% during the same period. Moreover, Chiquita Brands International Inc.'s stock is trading above its 50-day and 200-day moving averages of $10.71 and $10.88, respectively. The free report on CQB can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CQB010914.pdf
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