Whitewave Foods Company (The) (WWAV) : Traders are bullish on Whitewave Foods Company (The) (WWAV) as it has outperformed the S&P 500 by a wide margin of 13.53% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.16%, 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 0.09% in the last 1 week, and is up 17.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.65% and the 50-Day Moving Average is 13.97%. The WhiteWave Foods Company is up 38% in the last 3-month period. Year-to-Date the stock performance stands at 42.61%.
Whitewave Foods Company (The) (NYSE:WWAV): On Fridays trading session , Opening price of the stock was $55.45 with an intraday high of $55.83. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $55.41. However, the stock managed to close at $55.49, a loss of 0.04% for the day. On the previous day, the stock had closed at $55.51. The total traded volume of the day was 2,963,412 shares.
Also, In the latest statement by the brokerage house, Barclays downgrades its outlook on Whitewave Foods Company (The) (NYSE:WWAV). The current rating of the shares is Equal-weight, according to the research report released by the firm. Previously, the company had a rating of Overweight. The rating by the firm was issued on July 18, 2016.
The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce across North America and Europe. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages. It is engaged in the manufacturing, marketing, distribution and sale of plant-based beverages in China. In North America, it distributes the brands, including Silk and So Delicious plant-based foods and beverages; International Delight and LAND O LAKES coffee creamers and beverages; Horizon Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. Its plant-based foods and beverages brands in Europe include Alpro and Provamel. It sells its plant-based beverages in China under the Silk ZhiPuMoFang brand. In addition, it also offers the Vega brand, which includes plant-based nutrition products.