Pepsico (PEP) : During the past 4 weeks, traders have been relatively bearish on Pepsico (PEP), hence the stock is down -1.31% 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 -0.36% relative to the S&P 500. The 4-week change in the price of the stock is -0.93% and the stock has fallen -0.39% in the past 1 week.
Pepsico, Inc. is up 8.87% in the last 3-month period. Year-to-Date the stock performance stands at 9.85%. The stock has recorded a 20-day Moving Average of 0.28% and the 50-Day Moving Average is 1.26%.
Pepsico (NYSE:PEP): The stock opened at $108.04 on Friday but the bulls could not build on the opening and the stock topped out at $108.26 for the day. The stock traded down to $107.54 during the day, due to lack of any buying support eventually closed down at $108.17 with a loss of -0.10% for the day. The stock had closed at $108.28 on the previous day. The total traded volume was 2,846,585 shares.
Also, Equity Analysts at the Goldman Sachs maintains the rating on Pepsico (NYSE:PEP). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency lowers the price target from $105 per share to $104 per share. The rating by the firm was issued on June 29, 2016.
PepsiCo, Inc. (PepsiCo) is a global food and beverage company. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America Foods (LAF), which includes its food and snack businesses in Latin America; PepsiCo Americas Beverages (PAB), which includes its North American and Latin American beverage businesses; PepsiCo Europe (Europe), which includes beverage, food and snack businesses in Europe and South Africa, and PepsiCo Asia, Middle East and Africa (AMEA), which includes beverage, food and snack businesses in AMEA, excluding South Africa. Through its operations, bottlers, contract manufacturers and other third-parties, the Company manufactures, markets, distributes and sells a variety of beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.