Tupperware Brands Corporation (TUP) : Traders are bullish on Tupperware Brands Corporation (TUP) as it has outperformed the S&P 500 by a wide margin of 6.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.13%, 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 1.19% in the last 1 week, and is up 7.96% 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 3.87% and the 50-Day Moving Average is 10.04%. Tupperware Brands Corporation (NYSE:TUP): stock turned positive on Friday. Though the stock opened at $64.24, the bulls momentum made the stock top out at $65 level for the day. The stock recorded a low of $64.01 and closed the trading day at $64.7, in the green by 0.53%. The total traded volume for the day was 520,501. The stock had closed at $64.36 in the previous days trading.
The company Insiders own 3.22% of Tupperware Brands Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -54.78% . Institutional Investors own 93.17% of Tupperware Brands Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -46.34%. Also, Citigroup maintains its rating on Tupperware Brands Corporation (NYSE:TUP). The rating by the firm was issued on July 19, 2016.
Tupperware Brands Corporation (Tupperware Brands) is a global direct-to-consumer company engaged in the manufacture and sale of Tupperware products and cosmetics and personal care products. The Companys Europe, Asia Pacific and Tupperware North America segments offer storage and serving solutions for the kitchen and home through the Tupperware brand. Europe segment includes Avroy Shlain, which sells beauty and personal care products. Asia Pacific segment sells beauty and personal care products under the NaturCare, Nutrimetics and Fuller brands. The Companys Beauty North America segment offers cosmetics, skin care and personal care products marketed under the BeautiControl brand in the United States, Canada and Puerto Rico and the Armand Dupree and Fuller Cosmetics brands in Mexico and Central America. The Companys South America segment offers both housewares and beauty products under the Armand Dupree, Fuller, Nuvo and Tupperware brands.