Darling Ingredients (DAR) : Traders are bullish on Darling Ingredients (DAR) as it has outperformed the S&P 500 by a wide margin of 2.46% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.74%, 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 2.67% in the last 1 week, and is up 5.91% 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 3.73% and the 50-Day Moving Average is 4.5%. Darling Ingredients Inc. is up 8.9% in the last 3-month period. Year-to-Date the stock performance stands at 50%.
Darling Ingredients (NYSE:DAR): stock turned positive on Friday. Though the stock opened at $15.56, the bulls momentum made the stock top out at $15.8 level for the day. The stock recorded a low of $15.44 and closed the trading day at $15.78, in the green by 1.09%. The total traded volume for the day was 1,190,794. The stock had closed at $15.61 in the previous days trading.
Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The Company offers a range of ingredients and specialty solutions for customers in the food, pet food, pharmaceutical, feed, fuel, bioenergy and fertilizer industries. The Company operates in three segments: Feed Ingredients, which includes the edible and inedible animal by-products, bakery and hides business lines; Food Ingredients, which includes the gelatin, casings and edible fats business lines, and Fuel Ingredients, which includes the biofuel and bioenergy business lines. It recycles animal by-product streams into useable and specialty ingredients, such as gelatin, tallow, feed-grade fats, meat and bone meal, poultry meal, yellow grease, fuel feed stocks, green energy, natural casings and hides. The Company also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients.