Sysco Corporation (SYY) : During the past 4 weeks, traders have been relatively bearish on Sysco Corporation (SYY), hence the stock is down -3.07% 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 -1.46% relative to the S&P 500. The 4-week change in the price of the stock is -0.66% and the stock has fallen -1.04% in the past 1 week.
Sysco Corporation (NYSE:SYY): The stock opened at $51.46 on Friday but the bulls could not build on the opening and the stock topped out at $51.80 for the day. The stock traded down to $51.14 during the day, due to lack of any buying support eventually closed down at $51.25 with a loss of -0.49% for the day. The stock had closed at $51.50 on the previous day. The total traded volume was 3,123,277 shares.
The stock has recorded a 20-day Moving Average of 1.07% and the 50-Day Moving Average is 1.96%. Sysco Corporation is up 4.46% in the last 3-month period. Year-to-Date the stock performance stands at 27.61%.
Sysco Corporation (SYY) : 6 Wall Street analysts covering Sysco Corporation (SYY) believe that the average level the stock could reach for the short term is $50. The maximum price target given is $55 and the minimum target for short term is around $44, hence the standard deviation is calculated at $4.6.
Sysco Corporation (Sysco) along with its subsidiaries and divisions, is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425,000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. Sysco provides food and related products to the foodservice or food-away-from-home industry. The Company has aggregated its operating companies into a number of segments, of which only Broadline and SYGMA are the main segments. Broadline operating companies distribute a line of food products and a variety of non-food products to their customers. SYGMA operating companies distribute a line of food products and a variety of non-food products to chain restaurant customer locations. The Companys other segments include its specialty produce, custom-cut meat and lodging industry products segments.