The Kraft Heinz Company (KHC) has risen sharply, recording gains of 5.29% in the past 4 weeks. However, the stock has corrected -0.79% in the past 1 week, providing a good buying opportunity on dips. The Kraft Heinz Company (KHC) : During the past 4 weeks, traders have been relatively bearish on The Kraft Heinz Company (KHC), hence the stock is down -1.37% 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 -1.39% relative to the S&P 500.
The Kraft Heinz Company (NASDAQ:KHC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $88.02 and $87.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $88.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $88.16, notching a gain of 0.59% for the day. The total traded volume was 2,022,941 . The stock had closed at $87.64 on the previous day.
The stock has recorded a 20-day Moving Average of 0.37% and the 50-Day Moving Average is 2.85%. The Kraft Heinz Company is up 13.66% in the last 3-month period. Year-to-Date the stock performance stands at 22.91%.
The Kraft Heinz Company, formerly H.J. Heinz Holding Corporation, is a food and beverage company. The Company provides taste and nutrition foods for all eating occasions. The Companys brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.