On a relative basis, the stock has outperformed the S&P 500 by 8.88% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.94% in the last 1 week, and is up 13.64% 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 6.26% and the 50-Day Moving Average is 7.24%.
Tyson Foods (NYSE:TSN): The stock opened at $70.00 on Friday but the bulls could not build on the opening and the stock topped out at $70.07 for the day. The stock traded down to $69.54 during the day, due to lack of any buying support eventually closed down at $69.57 with a loss of -0.40% for the day. The stock had closed at $69.85 on the previous day. The total traded volume was 2,142,418 shares.
The company Insiders own 2.69% of Tyson Foods shares according to the proxy statements. Institutional Investors own 72.51% of Tyson Foods shares. During last six month period, the net percent change held by insiders has seen a change of -2.74%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP Strategy and New Ventures) of Tyson Foods Inc, Carper Howell P had sold 64,763 shares worth of $4,129,289 in a transaction dated April 20, 2016. In this transaction, 64,763 shares were sold at $63.76 per share.
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.