Shares of Campbell Soup Company (CPB) Sees Large Outflow of Money

Campbell Soup Company (CPB) : Thursdays money flow analysis of Campbell Soup Company (CPB) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $8.82 million. In comparison, the inflow of money on upticks was a meager $7.06 million. The dollar value of composite uptick trades minus the downtick trades was negative $1.76 million. The uptick to downtick ratio of 0.8 in the money flow shows weakness. The downtick transaction value was high at $1.37 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($1.37 million). Campbell Soup Company (CPB) gained $0.06 at $67.3, a change of 0.09% over the previous days close.


Campbell Soup Company (CPB) : 8 Wall Street analysts covering Campbell Soup Company (CPB) believe that the average level the stock could reach for the short term is $60.5. The maximum price target given is $65 and the minimum target for short term is around $55, hence the standard deviation is calculated at $3.89. The stock has recorded a 20-day Moving Average of 5.43% and the 50-Day Moving Average is 6.27%.

Campbell Soup Company (NYSE:CPB): The stock opened at $67.78 on Thursday but the bulls could not build on the opening and the stock topped out at $67.78 for the day. The stock traded down to $66.66 during the day, due to lack of any buying support eventually closed down at $66.83 with a loss of -0.61% for the day. The stock had closed at $67.24 on the previous day. The total traded volume was 1,827,205 shares.

Campbell Soup Company manufactures and markets food products. The Companys segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages, and Bolthouse and Foodservice. Its U.S. Simple Meals segment includes various products, such as Campbells condensed and ready-to-serve soups; Prego pasta sauces, and Pace Mexican sauces. Its Global Baking and Snacking segment includes Pepperidge Farm cookies, crackers, bakery and frozen products in the United States retail. Its International Simple Meals and Beverages segment includes retail business in Canada. Its U.S. Beverages segment includes various products, such as V8 juices and beverages, and Campbells tomato juice. Its Bolthouse and Foodservice segment comprises the Bolthouse Farms carrot products operating segment, including fresh carrots, juice concentrate and fiber. Its brands include Arnotts, Bolthouse Farms, Campbells, Garden Fresh Gourmet, Goldfish, Kjeldsens and Pace.

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