On a relative basis, the stock has outperformed the S&P 500 by 4.26% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.05% in the last 1 week, and is up 6.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Tyson Foods (NYSE:TSN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.65 and $72.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $73.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.64, notching a gain of 0.11% for the day. The total traded volume was 2,948,578 . The stock had closed at $73.56 on the previous day.
The stock has recorded a 20-day Moving Average of 3.06% and the 50-Day Moving Average is 10.71%. Tyson Foods, Inc. is up 9.75% in the last 3-month period. Year-to-Date the stock performance stands at 38.72%.
Tyson Foods (TSN) : 6 investment research analysts covering Tyson Foods (TSN) have an average price target of $74.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $82 and the lowest target is $68 for the short term. Analysts expect the variance to be within $6.8 of the average price.
Tyson Foods, Inc., is a food production company. The Companys operations are conducted in five segments: Chicken, Beef, Pork, Prepared Foods and International. Chicken, includes domestic operations related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products. Beef, includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Pork, includes operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Prepared Foods, includes operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations of products through the supply chain. International, includes foreign operations related to raising and processing live chickens into fresh, frozen and value-added chicken products in across countries.