Pre-Market Analysis: Kellogg, Hillshire Brands, Diamond Foods, and McCormick & Co.
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LONDON, June 21, 2013 /PRNewswire/ --
On Thursday, June 20, 2013, shares in processed & packaged goods companies ended mostly lower, tracking losses in the broader market. The major movers included Kellogg Company (NYSE: K), Hillshire Brands Co. (NYSE: HSH), Diamond Foods Inc. (NASDAQ: DMND), and McCormick & Company Incorporated (NYSE: MKC). All these companies are tracked by AAAResearchReports.com. Free technical research on K, HSH, DMND, and MKC can be downloaded upon sign up at
http://www.aaaresearchreports.com/register/
Shares in Kellogg Company moved lower on Thursday, extending their losses from previous market sessions. The company's shares ended the day 2.04% lower at $62.57 after trading between $62.56 and $63.66. A total of 2.47 million shares were exchanged, thus exceeding the daily average volume of 1.79 million. Kellogg's shares have dropped by over 3% in the last three sessions. However, despite the recent losses, the stock is still trading near its 52-week high of $66.84. Further, shares of the company have slipped below their 50-day moving average as a result of the recent losses. Sign up and read the complimentary report on K at:
http://www.AAAResearchReports.com/K062113.pdf
Hillshire Brands Co.'s stock was one of the worst performers in the consumer goods sector yesterday. The company's shares ended the day 3.29% lower at $32.29 after oscillating between $32.11 and $33.32. The stock registered a trading volume of 1.60 million, which is above its daily average volume of 1.16 million. In the last three months, Hillshire Brands' shares have gone down by 5.67%, thus underperforming the S&P 500. Further, the stock is currently trading below its 50-day moving average. The free report on HSH can be downloaded by signing up now at:
http://www.AAAResearchReports.com/HSH062113.pdf
Shares in Diamond Foods Inc. moved lower on Thursday, reversing some of their recent gains. The company's shares ended the day at $20.38, down 0.49%, after fluctuating between $19.86 and $20.69. The company's shares registered a volume of 516,151 which is above their daily average volume of 434,762. However, despite yesterday's pullback, Diamond Foods' shares have risen 1.95% in the last three market sessions. Shares of the company are currently trading above their 50-day and 20-day moving averages. A free report on DMND can be accessed by registering at:
http://www.AAAResearchReports.com/DMND062113.pdf
McCormick & Company Inc.'s shares moved 2.80% lower on Thursday, extending their losses from previous trading sessions. The company's shares oscillated between $69.90 and $71.71 before finishing the day at $70.00. A total of 824,973 shares were exchanged, exceeding the daily average volume of 598,898. McCormick & Co.'s shares have tumbled by over 3.80% in the last three trading sessions. Register with AAA Research Reports and download research on MKC for free at:
http://www.AAAResearchReports.com/MKC062113.pdf
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SOURCE AAA Research Reports
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