General Mills (GIS) : During the past 4 weeks, traders have been relatively bearish on General Mills (GIS), hence the stock is down -5% 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 -2.28% relative to the S&P 500. The 4-week change in the price of the stock is -2.64% and the stock has fallen -1.86% in the past 1 week.
General Mills (NYSE:GIS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $70.50 and $70.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.55, notching a gain of 0.09% for the day. The total traded volume was 2,539,154 . The stock had closed at $70.49 on the previous day.
The stock has recorded a 20-day Moving Average of 1.36% and the 50-Day Moving Average is 3.77%. General Mills, Inc. is up 14.35% in the last 3-month period. Year-to-Date the stock performance stands at 25.03%.
General Mills (GIS) : Currently there are 10 street experts covering General Mills (GIS) stock. The most bullish and bearish price target for the stock is $75 and $65 respectively for the short term. The average price target of all the analysts comes to $68.8. The estimated standard deviation from the target is $3.65.
General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S. Retail, International, and Convenience Stores and Foodservice. The Company offers a range of food products with a focus on five categories: ready-to-eat cereal; convenient meals, including meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast and frozen entrees; snacks, including grain, fruit and savory snacks, nutrition bars and frozen hot snacks; yogurt, and super-premium ice cream. The Companys other product categories include baking mixes and ingredients; refrigerated and frozen dough, and frozen and shelf-stable vegetables. The Company has 50% interests in two joint ventures that manufacture and market food products.