Kellogg Company (K) : During the past 4 weeks, traders have been relatively bearish on Kellogg Company (K), hence the stock is down -0.2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.15% relative to the S&P 500. The 4-week change in the price of the stock is -0.41% and the stock has fallen -0.81% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.42% and the fifty day Moving Average is 0.81%. Kellogg Company is up 10.58% in the last three month period. Year-to-Date the stock performance stands at 15.51%.
Kellogg Company (K) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $92 and the lowest price target forecast is $78. The average forecast of all the analysts is $83.29 and the expected standard deviation is $5.65.
Kellogg Company (NYSE:K): On Fridays trading session , Opening price of the stock was $82.79 with an intraday high of $83.37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $82.22. However, the stock managed to close at $82.37, a loss of 0.54% for the day. On the previous day, the stock had closed at $82.82. The total traded volume of the day was 1,494,807 shares.
Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Companys principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. The Companys cereal products are generally marketed under the Kelloggs name and are sold to the grocery trade through direct sales forces for resale to consumers. The Company also markets cookies, crackers, crisps and other convenience foods, under brands, such as Kelloggs, Keebler, Cheez-It, Murray, Austin and Famous Amos, to supermarkets in the United States through a direct store-door (DSD) delivery system, although other distribution methods are also used. The Company uses broker and distributor arrangements for certain products. It also uses similar arrangements, in less-developed market areas or in those market areas outside of its focus.