Pilgrims Pride Corporation (PPC) Shares are Down -1.08%

Pilgrims Pride Corporation (PPC) : During the past 4 weeks, traders have been relatively bearish on Pilgrims Pride Corporation (PPC), hence the stock is down -12.98% 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 -1.5% relative to the S&P 500. The 4-week change in the price of the stock is -10.82% and the stock has fallen -1.08% in the past 1 week.

Pilgrims Pride Corporation (NASDAQ:PPC): The stock opened at $23.32 on Friday but the bulls could not build on the opening and the stock topped out at $23.46 for the day. The stock traded down to $22.97 during the day, due to lack of any buying support eventually closed down at $23.00 with a loss of -1.29% for the day. The stock had closed at $23.30 on the previous day. The total traded volume was 811,071 shares.

The stock has recorded a 20-day Moving Average of 6.57% and the 50-Day Moving Average is 6.99%. Pilgrims Pride Corporation has dropped 7.11% during the last 3-month period . Year-to-Date the stock performance stands at 16.28%.

Pilgrims Pride Corporation (PPC) : Currently there are 2 street experts covering Pilgrims Pride Corporation (PPC) stock. The most bullish and bearish price target for the stock is $27 and $23 respectively for the short term. The average price target of all the analysts comes to $25. The estimated standard deviation from the target is $2.83.


Pilgrims Pride Corporation (Pilgrims) is a producer of Chicken products. The Company is a producer and seller of chicken products with operations in the United States, Mexico and Puerto Rico. The Company is engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken products to retailers, distributors and foodservice operators. Its fresh chicken products include refrigerated (non-frozen) whole chickens, whole cut-up chickens and selected chicken parts that are either marinated or non-marinated. Its prepared chicken products include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties. The Company focuses on foodservice industry, principally chain restaurants and food processors, such as Chick-fil-A and Yum! Brands; distributors, such as US Foods and Sysco and retail customers, including grocery store chains, and wholesale clubs, such as Kroger, Wal-Mart, Costco, Publix and Sams Club.

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