Hershey Company (The) (HSY) has been under a strong bear grip, hence the stock is down -4.28% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.8% in the past 1 week. The stock has risen by 0.74% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.06% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.72% and the 50-Day Moving Average is 10.07%. The Hershey Company is up 19.73% in the last 3-month period. Year-to-Date the stock performance stands at 25.69%.
Hershey Company (The) (NYSE:HSY): On Fridays trading session , Opening price of the stock was $111.02 with an intraday high of $111.9136. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $110.27. However, the stock managed to close at $110.76, a loss of 0.53% for the day. On the previous day, the stock had closed at $111.35. The total traded volume of the day was 1,272,093 shares.
The Hershey Company (Hershey) is a provider of chocolate and sugar confectionery. The Companys principal confectionery offerings include chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings and beverages; snack items, such as spreads, and gum and mint refreshment products. The Company operates through two segments: North America and International and Other. The North America segment is responsible for its chocolate and sugar confectionery business in the United States and Canada. The International and Other segment includes all other countries where the Company manufactures, imports, markets, sells or distributes chocolate, sugar confectionery and other products. This includes operations in Asia, Latin America, Europe, Africa and the Middle East, along with exports to these regions. This segment also includes its global retail operations, including Hersheys Chocolate World stores.