Shares of BRF S.A. (BRFS) Rally 2.73%

BRF S.A. (BRFS) : Traders are bullish on BRF S.A. (BRFS) as it has outperformed the S&P 500 by a wide margin of 13% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.21%, 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 2.73% in the last 1 week, and is up 17.94% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 11.34% and the 50-Day Moving Average is 15.17%.

BRF S.A. (NYSE:BRFS): The stock opened at $15.58 on Friday but the bulls could not build on the opening and the stock topped out at $15.62 for the day. The stock traded down to $15.41 during the day, due to lack of any buying support eventually closed down at $15.45 with a loss of -1.21% for the day. The stock had closed at $15.64 on the previous day. The total traded volume was 2,161,373 shares.


The company Insiders own 1% of BRF S.A. shares according to the proxy statements. Institutional Investors own 7.45% of BRF S.A. shares.

BRF SA (BRF) is a Brazil-based food company. The Company produces fresh and frozen protein foods, margarine, sweet specialties, sandwiches, mayonnaise and animal feed and markets these products under Sadia, Perdigao and Qualy brands. The Company operates in three segments: domestic market (Brazil), which includes the Companys sales executed in Brazil, except those relating to products in the food service channel; foreign (international) markets (that are divided into four regions: Middle East and Africa; Europe and Eurasia; Asia and the Americas), which includes the Companys sales for exports and those generated outside Brazil, except those relating to products in the food service channel, and food services, which includes the Companys sales of all products in its portfolio, generated in Brazil and foreign market, to the customers for food service category that includes bars, restaurants and industrial kitchens.

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