Treehouse Foods (THS) has been under a strong bear grip, hence the stock is down -7.2% 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 0.67% in the past 1 week. The stock has risen by 0.83% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.7% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.69% and the 50-Day Moving Average is 7.9%.The 200 Day SMA reached 2.03%
Treehouse Foods (NYSE:THS): After opening at $86.73, the stock dipped to an intraday low of $86.6 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $87.5 and the buying power remained strong till the end. The stock closed at $87.19 for the day, a gain of 0.80% for the day session. The total traded volume was 758,137. The stocks close on the previous trading day was $87.19.
Treehouse Foods (THS) : 8 Wall Street analysts covering Treehouse Foods (THS) believe that the average level the stock could reach for the short term is $107.13. The maximum price target given is $115 and the minimum target for short term is around $90, hence the standard deviation is calculated at $7.45.
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.