Morning Briefing on Packaged Foods and Meats Stocks -- Tyson Foods, Hormel Foods, Pilgrim's Pride, BRF S.A., and Flowers Foods
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LONDON, August 28, 2014 /PRNewswire/ --
On Wednesday, August 27, 2014, the NASDAQ Composite ended at 4,569.62, down 0.02%, the Dow Jones Industrial Average finished the day 0.09% higher at 17,122.01, and the S&P 500 closed flat at 2,000.12. The gains were broad based with six out of ten sectors ending the session in positive. The S&P 500 Consumer Staples Sector Index ended the day at 463.35, up 0.07%, with the index advancing 1.78% in the previous three months. Investor-Edge has initiated coverage on the following equities: Tyson Foods Inc. (NYSE: TSN), Hormel Foods Corporation (NYSE: HRL), Pilgrim's Pride Corporation (NASDAQ: PPC), BRF S.A. (NYSE: BRFS), and Flowers Foods Inc. (NYSE: FLO). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Tyson Foods Inc.'s stock finished Wednesday's session 1.52% higher at $37.71. A total of 4.98 million shares were traded, which was below its three months average volume of 5.23 million shares. The stock vacillated between $36.88 and $37.90 during the session. Over the last one month and over the previous three months, Tyson Foods Inc.'s shares have fallen by 4.63% and 9.22%, respectively. However, from the beginning of 2014, the stock has advanced 12.70%. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $37.90 is greater than its 200-day moving average of $37.59. Tyson Foods Inc.'s stock traded at a PE ratio of 13.01 and has a Relative Strength Index (RSI) of 44.97. Sign up and read the free notes on TSN at:
http://www.Investor-Edge.com/TSN-28Aug2014
On Wednesday, shares in Hormel Foods Corp. fluctuated between $50.08 and $50.42 before ending the session 0.44% higher at $50.36. The stock reported a trading volume of 0.55 million shares, below its three months average volume of 0.75 million shares. Shares of the company traded at a PE ratio of 23.10. Hormel Foods Corp.'s shares have advanced 0.80% in the previous three trading sessions, 5.53% in the last one month, and 11.49% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $47.99 and $46.82, respectively. Moreover, shares of Hormel Foods Corp.'s have an RSI of 72.90. The complimentary notes on HRL can be downloaded as in PDF format at:
http://www.Investor-Edge.com/HRL-28Aug2014
Pilgrim's Pride Corp.'s stock edged 0.07% higher, to close the day at $29.80. The stock recorded a trading volume of 1.26 million shares, below its three months average volume of 1.68 million shares. The company's shares oscillated between $29.65 and $30.04 during the session. Over the last three trading sessions and over the past three months, Pilgrim's Pride Corp.'s shares have advanced 0.68% and 16.77%, respectively. Further, the stock has gained and upside of 83.38% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Pilgrim's Pride Corp.'s 50-day moving average of $29.06 is above its 200-day moving average of $21.59. Additionally, the stock traded at a PE ratio of 12.94 and has an RSI of 51.49. Register for free on Investor-Edge and access the latest research on PPC at:
http://www.Investor-Edge.com/PPC-28Aug2014
On Wednesday, shares in BRF S.A. recorded a trading volume of 0.75 million shares, lower than its three months average volume of 1.14 million shares. The stock ended the day at $26.65, which was 1.02% above its previous day's closing of $26.38, hitting a new 52-week high of $26.74. BRF S.A.'s stock has gained 5.84% in the previous three trading sessions, 20.10% in the last three months, and 27.70% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $24.97 and $21.66, respectively. Furthermore, shares of BRF S.A.'s have an RSI of 62.78. The complete research on BRFS is available for free at:
http://www.Investor-Edge.com/BRFS-28Aug2014
Flowers Foods Inc.'s stock edged 0.67% lower to end Wednesday's session at $19.37. The stock recorded a trading volume of 0.73 million shares, below its three months average volume of 1.05 million shares. The company's shares fluctuated between $19.35 and $19.67 during the session. Shares of the company traded at a PE ratio of 21.24. Flowers Foods Inc.'s shares have lost 9.78% since the start of this year. Further, the stock has fallen by 2.71% over the last one month and 8.24% in the previous three months. The company's shares are trading below their 50-day and 200-day moving averages. Flowers Foods Inc.'s 200-day moving average of $20.78 is above its 50-day moving average of $20.13. Additionally, the stock has an RSI of 49.49. Free in depth research on FLO is available at:
http://www.Investor-Edge.com/FLO-28Aug2014
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