The Hain Celestial Group (NASDAQ:HAIN) : Traders are bullish on The Hain Celestial Group (NASDAQ:HAIN) as it has outperformed the S&P 500 by a wide margin of 3.97% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.62%, 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 5.96% in the last 1 week, and is up 5.64% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -23.10% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $70.65 and the one year low was seen on Jan 22, 2016. The 50-Day Moving Average price is $49.41 and the 200 Day Moving Average price is recorded at $42.26.
The stock has recorded a 20-day Moving Average of 6.18% and the 50-Day Moving Average is 8.98%.
The Hain Celestial Group (NASDAQ:HAIN): stock turned positive on Friday. Though the stock opened at $50.89, the bulls momentum made the stock top out at $52.42 level for the day. The stock recorded a low of $50 and closed the trading day at $52.41, in the green by 3.52%. The total traded volume for the day was 2,343,081. The stock had closed at $50.63 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP & Chief Accounting Officer) of Hain Celestial Group Inc, Weiner Ross had sold 378 shares worth of $23,478 in a transaction dated May 20, 2015. In this transaction, 378 shares were sold at $62.11 per share.
The Hain Celestial Group, Inc. manufactures, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company operates in five segments: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The Companys brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earths Best, Ellas Kitchen, Europes Best, Farmhouse Fare, Frank Coopers, Gales, Garden of Eatin, GG UniqueFiber, Hartleys, Health Valley, Imagine, Johnsons Juice Co., Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co., Rice Dream, Robertsons, Rudis Organic Bakery, Rudis Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others. Its markets its personal care products under the Alba Botanica, Avalon Organics, Earths Best, JASON and Queen Helene brands. In addition, it offers the Joya and Happy brands.