Pinnacle Foods (PF) Shares are Up 0.91%

Pinnacle Foods (PF) has been under a strong bear grip, hence the stock is down -1.96% 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 0.74% in the past 1 week. The stock has risen by 0.91% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.49% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.27% and the 50-Day Moving Average is 0.69%.The 200 Day SMA reached 12.05%

Pinnacle

Pinnacle Foods (NYSE:PF): After opening at $49.96, the stock dipped to an intraday low of $49.86 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $50.36 and the buying power remained strong till the end. The stock closed at $50.17 for the day, a gain of 0.82% for the day session. The total traded volume was 1,160,335. The stocks close on the previous trading day was $50.17.

Pinnacle Foods (PF) : The most positive equity analysts on Pinnacle Foods (PF) expects the shares to touch $56, whereas, the least positive believes that the stock will trade at $47 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $52 with an expected fluctuation of $3.57 from the mean.

Pinnacle Foods Inc. is a manufacturer, marketer and distributor of food products in North America. The Companys products are sold through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centers, convenience stores, dollar stores, drug stores and warehouse clubs in the United States and Canada, as well as in military channels and foodservice locations. The Company operates through three segments: the Birds Eye Frozen segment, the Duncan Hines Grocery segment and the Specialty Foods segment. The Birds Eye Frozen segment and the Duncan Hines Grocery segment, which collectively represent its North America Retail operations, include Birds Eye, Birds Eye Voila!, Van de Kamps, Mrs. Pauls, Lenders, Celeste, Hungry-Man and Aunt Jemima brands. The Duncan Hines Grocery Segment includes Duncan Hines, Vlasic, Log Cabin, Armour, Brooks and, Nalley brand among others. Specialty Foods Segment consists of Snack Products and Foodservice and Private Label.

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