Pilgrims Pride Corporation (PPC) Shares are Down -3.01%

Pilgrims Pride Corporation (PPC) : During the past 4 weeks, traders have been relatively bearish on Pilgrims Pride Corporation (PPC), hence the stock is down -1.56% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.37% relative to the S&P 500. The 4-week change in the price of the stock is -1.76% and the stock has fallen -3.01% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.35% and the fifty day Moving Average is 5.86%. Pilgrims Pride Corporation has dropped 8.05% during the last three month period . Year-to-Date the stock performance stands at 15.47%.

Pilgrims Pride Corporation (PPC) : 2 investment research analysts covering Pilgrims Pride Corporation (PPC) have an average price target of $25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $27 and the lowest target is $23 for the short term. Analysts expect the variance to be within $2.83 of the average price.


Pilgrims Pride Corporation (NASDAQ:PPC): On Fridays trading session , Opening price of the stock was $23.51 with an intraday high of $23.85. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $22.81. However, the stock managed to close at $22.84, a loss of 3.06% for the day. On the previous day, the stock had closed at $23.56. The total traded volume of the day was 1,439,471 shares.

Pilgrims Pride Corporation (Pilgrims) is a producer of Chicken products. The Company is a producer and seller of chicken products with operations in the United States, Mexico and Puerto Rico. The Company is engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken products to retailers, distributors and foodservice operators. Its fresh chicken products include refrigerated (non-frozen) whole chickens, whole cut-up chickens and selected chicken parts that are either marinated or non-marinated. Its prepared chicken products include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties. The Company focuses on foodservice industry, principally chain restaurants and food processors, such as Chick-fil-A and Yum! Brands; distributors, such as US Foods and Sysco and retail customers, including grocery store chains, and wholesale clubs, such as Kroger, Wal-Mart, Costco, Publix and Sams Club.

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