Company Shares of Snyders-Lance (NASDAQ:LNCE) Rally 5.11%

Snyders-Lance (NASDAQ:LNCE) : Traders are bullish on Snyders-Lance (NASDAQ:LNCE) as it has outperformed the S&P 500 by a wide margin of 5.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.78%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.11% in the last 1 week, and is up 7.16% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 7.45% from its 1 Year high price. On Nov 20, 2015, the shares registered one year high at $39.10 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $32.02 and the 200 Day Moving Average price is recorded at $32.06.

The stock has recorded a 20-day Moving Average of 7.97% and the 50-Day Moving Average is 10.57%.


Snyders-Lance (NASDAQ:LNCE): stock turned positive on Friday. Though the stock opened at $34.66, the bulls momentum made the stock top out at $35.2 level for the day. The stock recorded a low of $34.58 and closed the trading day at $35.19, in the green by 2.36%. The total traded volume for the day was 928,063. The stock had closed at $34.38 in the previous days trading.

In an insider trading activity,The officer (SVP, General Counsel & Sec) of Snyders-Lance, Inc., Myers Gail Sharps sold 200 shares at $32.08 on June 13, 2016. The Insider selling transaction had a total value worth of $6,416. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Snyders-Lance, Inc. is a national snack food company. The Company is engaged in the manufacturing, distribution, marketing and sale of snack food products. Its products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, nuts, restaurant style crackers and other salty snacks. It purchases certain cake products and sells under its brands. The Companys brands include core brands, such as Snyders of Hanover, Lance, Cape Cod, Snack Factory, Pretzel Crisps and Late July and allied brands, such as Toms, Archway, Jays, Stella Doro, EatSmart, Krunchers! and O-Ke-Doke. The Companys Clearview Foods division combines Snack Factory, Pretzel Crisps, Late July, Organic Snacks and EatSmart brands. The Company also sells Partner brand products, which consist of other third-party branded products that the Company sells to its independent business owners (IBO) through its direct-store-delivery distribution network (DSD network).

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