Campbell Soup Company (CPB) has been under a strong bear grip, hence the stock is down -4.08% 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 0.15% in the past 1 week. The stock has risen by 0.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.71% in the past 4 weeks.
Campbell Soup Company is up 2.36% in the last 3-month period. Year-to-Date the stock performance stands at 17.95%. The stock has recorded a 20-day Moving Average of 0.74% and the 50-Day Moving Average is 3.38%.
Campbell Soup Company (NYSE:CPB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $60.70 and $60.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $61.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.03, notching a gain of 0.35% for the day. The total traded volume was 1,336,149 . The stock had closed at $60.82 on the previous day.
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.