Whitewave Foods Company (The) (WWAV) : Investors lapped up stocks on upticks to the tune of $23.88 million in the Fridays trading session. The trading value on downticks was comparatively at $22.34 million and the uptick to downtick ratio of 1.07 indicates continuous buying by the bulls. The net money flow into the stock was $1.54 million. The block trades were dominated by the bulls with a healthy 1.3, uptick to downtick ratio. Only $6.38 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $8.32 clearly indicating buying by large investors. The total money flow for block trades stood at $1.94 million, which is a positive for the stock in the long-term. Whitewave Foods Company (The) (WWAV) fell $0.1 during the day at $55.46, a drop of -0.18% over the previous days close. However, for the week, the stock is -0.77%, compared to the previous week.
Whitewave Foods Company (The) (WWAV) : The consensus price target for Whitewave Foods Company (The) (WWAV) is $53.5 for the short term with a standard deviation of $5.04. The most optimist securities analyst among the 17 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $42.
Whitewave Foods Company (The) (NYSE:WWAV): On Fridays trading session , Opening price of the stock was $55.57 with an intraday high of $55.58. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $55.42. However, the stock managed to close at $55.44, a loss of 0.22% for the day. On the previous day, the stock had closed at $55.56. The total traded volume of the day was 3,994,211 shares.
In a related news,The director officer (Chairman and CEO) of Whitewave Foods Co, Engles Gregg L sold 25,000 shares at $40.22 on March 3, 2016. The Insider selling transaction had a total value worth of $1,005,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce across North America and Europe. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages. It is engaged in the manufacturing, marketing, distribution and sale of plant-based beverages in China. In North America, it distributes the brands, including Silk and So Delicious plant-based foods and beverages; International Delight and LAND O LAKES coffee creamers and beverages; Horizon Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. Its plant-based foods and beverages brands in Europe include Alpro and Provamel. It sells its plant-based beverages in China under the Silk ZhiPuMoFang brand. In addition, it also offers the Vega brand, which includes plant-based nutrition products.