Treehouse Foods (NYSE:THS) : Traders are bullish on Treehouse Foods (NYSE:THS) as it has outperformed the S&P 500 by a wide margin of 6.2% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.88%, 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 2.18% in the last 1 week, and is up 7.91% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 28.37% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $104.36 and the one year low was seen on Jan 15, 2016. The 50-Day Moving Average price is $96.95 and the 200 Day Moving Average price is recorded at $86.47.
The stock has recorded a 20-day Moving Average of 5.85% and the 50-Day Moving Average is 10.17%.
Treehouse Foods (NYSE:THS): stock turned positive on Friday. Though the stock opened at $103, the bulls momentum made the stock top out at $104.36 level for the day. The stock recorded a low of $102.72 and closed the trading day at $104.17, in the green by 1.48%. The total traded volume for the day was 880,533. The stock had closed at $102.65 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Sardini Ann, Director of TreeHouse Foods, Inc., had unloaded 3,830 shares at an average price of $98.77 in a transaction dated on June 29, 2016. The total value of the transaction was worth $378,289.
TreeHouse Foods, Inc. is a consumer packaged food and beverage manufacturing company. The Companys segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. Its North American Retail Grocery segment sells branded and private label products to customers within the United States and Canada. Its Food Away From Home segment sells its products to foodservice customers, such as restaurant chains and food distribution companies in the United States and Canada. Its Industrial and Export segment includes its co-pack business and non-dairy powdered creamer sales to industrial customers for use in industrial applications. The Company manufactures a variety of shelf stable, refrigerated and fresh products. Its product categories include beverages, salad dressings, snacks, beverage enhancers, pickles, Mexican and other sauces, soup and infant feeding, cereals, dry dinners, aseptic products, jams and other products.