United Natural Foods (UNFI) : During the past 4 weeks, traders have been relatively bearish on United Natural Foods (UNFI), hence the stock is down -2.83% 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 -3.09% relative to the S&P 500. The 4-week change in the price of the stock is -0.41% and the stock has fallen -2.68% in the past 1 week.
United Natural Foods (NASDAQ:UNFI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.56 and $48.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.64, notching a gain of 0.41% for the day. The total traded volume was 230,056 . The stock had closed at $48.44 on the previous day.
The stock has recorded a 20-day Moving Average of 0.82% and the 50-Day Moving Average is 7.26%. United Natural Foods, Inc. is up 39.57% in the last 3-month period. Year-to-Date the stock performance stands at 23.58%.
United Natural Foods (UNFI) stock is expected to deviate a maximum of $4.37 from the average target price of $41.11 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $49 and the most muted being $35.
United Natural Foods, Inc. is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. It offers products, in six product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products and personal care items. Its operations consist of three operating divisions: wholesale division, which includes its natural, organic and specialty distribution business in the United States; UNFI Canada, which is its natural, organic and specialty business in Canada; Alberts Organics, Inc. and Select Nutrition; retail division, consisting of EOM, which operates its 12 natural products retail stores within the United States; manufacturing division, consisting of Woodstock Farms Manufacturing. In July 2014, the Company acquired all of stock of Tonys Fine Foods, making it a wholly-owned subsidiary of the Company.