Campbell Soup Company (NYSE:CPB) : Traders are bullish on Campbell Soup Company (NYSE:CPB) as it has outperformed the S&P 500 by a wide margin of 5.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.29%, 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 1.57% in the last 1 week, and is up 7.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 40.29% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $67.89 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $62.73 and the 200 Day Moving Average price is recorded at $60.62.
The stock has recorded a 20-day Moving Average of 5.89% and the 50-Day Moving Average is 6.99%.
Campbell Soup Company (NYSE:CPB): stock turned positive on Friday. Though the stock opened at $66.7, the bulls momentum made the stock top out at $67.12 level for the day. The stock recorded a low of $66.01 and closed the trading day at $67.1, in the green by 0.40%. The total traded volume for the day was 1,489,459. The stock had closed at $66.83 in the previous days trading.
In an insider trading activity,The officer (Senior Vice President) of Campbell Soup Co, Carolan Edward sold 5,000 shares at $61.93 on March 4, 2016. The Insider selling transaction had a total value worth of $309,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.