Treehouse Foods (THS) : During the past 4 weeks, traders have been relatively bearish on Treehouse Foods (THS), hence the stock is down -4.62% 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 -2.11% relative to the S&P 500. The 4-week change in the price of the stock is -3.64% and the stock has fallen -2.06% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.05% and the 50-Day Moving Average is 1.7%. Treehouse Foods (NYSE:THS): stock turned positive on Friday. Though the stock opened at $97.98, the bulls momentum made the stock top out at $98.87 level for the day. The stock recorded a low of $97.75 and closed the trading day at $98.02, in the green by 0.28%. The total traded volume for the day was 593,403. The stock had closed at $97.75 in the previous days trading.
The company Insiders own 3.4% of Treehouse Foods shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.6% . Institutional Investors own 84.69% of Treehouse Foods shares. During last six month period, the net percent change held by insiders has seen a change of -13.33%. Also, Major Brokerage house, Jefferies maintains its ratings on Treehouse Foods (NYSE:THS). In the latest research report, Jefferies raises the target price from $110 per share to $115 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on July 15, 2016.
TreeHouse Foods, Inc. is a consumer packaged food and beverage manufacturing company. The Companys segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. Its North American Retail Grocery segment sells branded and private label products to customers within the United States and Canada. Its Food Away From Home segment sells its products to foodservice customers, such as restaurant chains and food distribution companies in the United States and Canada. Its Industrial and Export segment includes its co-pack business and non-dairy powdered creamer sales to industrial customers for use in industrial applications. The Company manufactures a variety of shelf stable, refrigerated and fresh products. Its product categories include beverages, salad dressings, snacks, beverage enhancers, pickles, Mexican and other sauces, soup and infant feeding, cereals, dry dinners, aseptic products, jams and other products.