Tupperware Brands Corporation (TUP) : Traders are bullish on Tupperware Brands Corporation (TUP) as it has outperformed the S&P 500 by a wide margin of 0.57% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.48%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.65% in the last 1 week, and is up 0.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.44% and the 50-Day Moving Average is 2.77%.The 200 Day SMA reached 16.82%
Tupperware Brands Corporation (NYSE:TUP): After opening at $64.97, the stock dipped to an intraday low of $64.56 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $66.04 and the buying power remained strong till the end. The stock closed at $65.37 for the day, a gain of 1.54% for the day session. The total traded volume was 636,495. The stocks close on the previous trading day was $65.37.
Tupperware Brands Corporation (TUP) stock is expected to deviate a maximum of $4.76 from the average target price of $60.8 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $66 and the most muted being $53.
Tupperware Brands Corporation (Tupperware Brands) is a global direct-to-consumer company engaged in the manufacture and sale of Tupperware products and cosmetics and personal care products. The Companys Europe, Asia Pacific and Tupperware North America segments offer storage and serving solutions for the kitchen and home through the Tupperware brand. Europe segment includes Avroy Shlain, which sells beauty and personal care products. Asia Pacific segment sells beauty and personal care products under the NaturCare, Nutrimetics and Fuller brands. The Companys Beauty North America segment offers cosmetics, skin care and personal care products marketed under the BeautiControl brand in the United States, Canada and Puerto Rico and the Armand Dupree and Fuller Cosmetics brands in Mexico and Central America. The Companys South America segment offers both housewares and beauty products under the Armand Dupree, Fuller, Nuvo and Tupperware brands.