Food Stocks' Research Reports Released on Kraft Heinz, Pilgrim's Pride, Blue Buffalo Pet Products, and Sanderson Farms
NEW YORK, Dec. 15, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on KHC, PPC, BUFF, and SAFM which is a click away at www.wallstequities.com/registration. PatSnap reported that the Major Diversified Foods industry has a total of 19,573 granted patents and 31,811 patent applications distributed into 17,121 patent families. Based on the countries of patent applications, the key markets are Japan, USA, and the European Patent Office. Today, WallStEquities.com monitors the following stocks: The Kraft Heinz Co. (NASDAQ: KHC), Pilgrim's Pride Corp. (NASDAQ: PPC), Blue Buffalo Pet Products Inc. (NASDAQ: BUFF), and Sanderson Farms Inc. (NASDAQ: SAFM). Following registration on Wall St. Equities, get access to today's free stock reports at:
www.wallstequities.com/registration
Kraft Heinz
Pittsburgh, Pennsylvania headquartered The Kraft Heinz Co.'s stock finished Thursday's session 0.38% lower at $78.98 with a total trading volume of 3.31 million shares. The stock is trading above their 50-day moving average by 0.43%. Shares of the Company, which manufactures and markets food and beverage products in the US, Canada, Europe, and internationally, have a Relative Strength Index (RSI) of 47.07.
On December 11th, 2017, Kraft Heinz announced that Rashida La Lande will join the Company as its new Global General Counsel and Corporate Secretary in mid-January 2018. In this role, she will lead the Company's Legal function, including corporate governance and securities, transactions, regulatory, intellectual property, litigation, and labor and employment. Start your free membership with our free report on KHC at:
www.wallstequities.com/registration/?symbol=KHC
Pilgrim's Pride
Shares in Greeley, Colorado headquartered Pilgrim's Pride Corp. ended at $32.66, plummeting 6.71% from the last trading session. The stock recorded a trading volume of 2.37 million shares, which was above its three months average volume of 1.10 million shares. The Company's shares have gained 10.49% in the previous three months and 71.99% on an YTD basis. The stock is trading 22.35% above its 200-day moving average. Moreover, shares of Pilgrim's Pride, which engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the US, Mexico, and Puerto Rico, have an RSI of 35.03. Gain free access to the research report on PPC at:
www.wallstequities.com/registration/?symbol=PPC
Blue Buffalo Pet Products
Wilton, Connecticut headquartered Blue Buffalo Pet Products Inc.'s stock ended yesterday's session 2.82% lower at $31.06. A total volume of 2.12 million shares was traded, which was above their three months average volume of 1.70 million shares. The Company's shares have advanced 9.60% in the past month, 19.74% over the previous three months, and 29.20% on an YTD basis. The stock is trading 6.59% and 22.49% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which through its subsidiary, Blue Buffalo Company, Ltd, operates as a pet food company in the US, Canada, Japan, and Mexico, have an RSI of 57.92.
On December 14th, 2017, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold', with a target price of $34 per share. Signing up today on Wall St. Equities gives you access to the latest report on BUFF at:
www.wallstequities.com/registration/?symbol=BUFF
Sanderson Farms
On Thursday, shares in Laurel, Mississippi headquartered Sanderson Farms Inc. recorded a trading volume of 2.08 million shares, which was above their three months average volume of 571,660 shares. The stock finished 13.00% lower at $145.85. The Company's shares have surged 55.73% since the start of this year. The stock is trading above its 200-day moving average by 11.18%. Furthermore, shares of Sanderson Farms, which produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the US, have an RSI of 31.63.
On December 14th, 2017, Sanderson Farms reported its results for Q4 and fiscal year ended October 31st, 2017. For Q4 2017, net sales were $919.9 million, and net income was $72.9 million. For FY17, net sales were $3.342 billion, and net income totaled $279.7 million. Register now for today's free coverage on SAFM at:
www.wallstequities.com/registration/?symbol=SAFM
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