Stocks of Tyson Foods (NYSE:TSN) rallied by 1.07% during the past week but lost 5.39% on a 4-week basis. The company has outperformed the S&P 500 by 2.29% in the past week but underperformed the index by 6.26% in the last 4 weeks.
Tyson Foods (NYSE:TSN): The stock opened at $61.31 on Friday but the bulls could not build on the opening and the stock topped out at $61.48 for the day. The stock traded down to $60.72 during the day, due to lack of any buying support eventually closed down at $61.22 with a loss of -0.44% for the day. The stock had closed at $61.49 on the previous day. The total traded volume was 4,925,620 shares.
The company shares have rallied 41.61% from its 1 Year high price. On May 9, 2016, the shares registered one year high at $70.44 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $64.52 and the 200 Day Moving Average price is recorded at $60.94.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Carper Howell P, officer (EVP Strategy and New Ventures) of Tyson Foods Inc, had unloaded 64,763 shares at an average price of $63.76 in a transaction dated on April 20, 2016. The total value of the transaction was worth $4,129,289.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, BMO Capital, downgrades their rating on the shares of Tyson Foods (NYSE:TSN). BMO Capital has a Market Perform rating on the shares. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on June 6, 2016. Currently the company Insiders own 2.69% of Tyson Foods shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.64% . Institutional Investors own 72.55% of Tyson Foods shares. During last six month period, the net percent change held by insiders has seen a change of -2.74%.
Tyson Foods, Inc., is a food production company. The Companys operations are conducted in five segments: Chicken, Beef, Pork, Prepared Foods and International. Chicken, includes domestic operations related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products. Beef, includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Pork, includes operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Prepared Foods, includes operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations of products through the supply chain. International, includes foreign operations related to raising and processing live chickens into fresh, frozen and value-added chicken products in across countries.