The Hain Celestial Group (HAIN) : Traders are bullish on The Hain Celestial Group (HAIN) as it has outperformed the S&P 500 by a margin of 2.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.46%, 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 1.08% in the last 1 week, and is up 9.86% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The Hain Celestial Group (NASDAQ:HAIN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.58 and $51.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.38, notching a gain of 0.98% for the day. The total traded volume was 838,738 . The stock had closed at $51.87 on the previous day.
The stock has recorded a 20-day Moving Average of 4.19% and the 50-Day Moving Average is 5.57%. The Hain Celestial Group, Inc. is up 26.4% in the last 3-month period. Year-to-Date the stock performance stands at 29.69%.
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.