United Natural Foods (NASDAQ:UNFI) : Traders are bullish on United Natural Foods (NASDAQ:UNFI) as it has outperformed the S&P 500 by a wide margin of 13.49% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.24%, 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 4.56% in the last 1 week, and is up 15.33% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -24.09% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $64.90 and the one year low was seen on Feb 29, 2016. The 50-Day Moving Average price is $42.34 and the 200 Day Moving Average price is recorded at $38.17.
The stock has recorded a 20-day Moving Average of 8.5% and the 50-Day Moving Average is 23.07%.
United Natural Foods (NASDAQ:UNFI): stock turned positive on Friday. Though the stock opened at $47.71, the bulls momentum made the stock top out at $49.13 level for the day. The stock recorded a low of $47.55 and closed the trading day at $48.84, in the green by 2.95%. The total traded volume for the day was 737,387. The stock had closed at $47.44 in the previous days trading.
In an insider trading activity,The officer (CHRSO) of United Natural Foods Inc, Dziki Thomas A sold 19,195 shares at $53.94 on October 16, 2015. The Insider selling transaction had a total value worth of $1,035,378. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
United Natural Foods, Inc. is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. It offers products, in six product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products and personal care items. Its operations consist of three operating divisions: wholesale division, which includes its natural, organic and specialty distribution business in the United States; UNFI Canada, which is its natural, organic and specialty business in Canada; Alberts Organics, Inc. and Select Nutrition; retail division, consisting of EOM, which operates its 12 natural products retail stores within the United States; manufacturing division, consisting of Woodstock Farms Manufacturing. In July 2014, the Company acquired all of stock of Tonys Fine Foods, making it a wholly-owned subsidiary of the Company.