Darling Ingredients (DAR) Shares are Up 3.6%

Darling Ingredients (DAR) has been under a strong bear grip, hence the stock is down -3.49% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.08% in the past 1 week. The stock has risen by 3.6% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.62% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.32% and the 50-Day Moving Average is 2.67%.The 200 Day SMA reached 14.56%. Darling Ingredients Inc. has dropped 8.58% during the last 3-month period . Year-to-Date the stock performance stands at 36.69%.


Darling Ingredients (NYSE:DAR): After opening at $14.15, the stock dipped to an intraday low of $14.13 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.415 and the buying power remained strong till the end. The stock closed at $14.38 for the day, a gain of 2.35% for the day session. The total traded volume was 869,601. The stocks close on the previous trading day was $14.05.

Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The Company offers a range of ingredients and specialty solutions for customers in the food, pet food, pharmaceutical, feed, fuel, bioenergy and fertilizer industries. The Company operates in three segments: Feed Ingredients, which includes the edible and inedible animal by-products, bakery and hides business lines; Food Ingredients, which includes the gelatin, casings and edible fats business lines, and Fuel Ingredients, which includes the biofuel and bioenergy business lines. It recycles animal by-product streams into useable and specialty ingredients, such as gelatin, tallow, feed-grade fats, meat and bone meal, poultry meal, yellow grease, fuel feed stocks, green energy, natural casings and hides. The Company also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.