24.07.2017 13:05:00
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Initiating Research Reports on Food Equities -- Pinnacle Foods, Post Holdings, Amplify Snack Brands, and Sanderson Farms
NEW YORK, July 24, 2017 /PRNewswire/ --
If you want a Stock Review on PF, POST, BETR, or SAFM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com revisits the Major Diversified Foods industry, which, as per a PatSnap report, has a total of 19,573 granted patents and 31,811 patent applications distributed into 17,121 patent families. Based on the countries of patent applications, the key markets are Japan, the US, and the European Patent Office. Equities to be evaluated are Pinnacle Foods Inc. (NYSE: PF), Post Holdings Inc. (NYSE: POST), Amplify Snack Brands Inc. (NYSE: BETR), and Sanderson Farms Inc. (NASDAQ: SAFM). This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Pinnacle Foods
Last Friday, shares in Mountain Lakes, New Jersey headquartered Pinnacle Foods Inc. ended the session 0.39% lower at $61.15. The stock recorded a trading volume of 992,467 shares. The Company's shares have advanced 0.82% in the last month, 4.64% in the previous three months, and 14.41% since the start of this year. The stock is trading 1.34% and 9.97% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Pinnacle Foods, which manufactures, markets, and distributes branded convenience food products in North America, have a Relative Strength Index (RSI) of 56.63.
On July 13th, 2017, Pinnacle Foods announced that the Company will release its financial results for Q2 ended June 25th, 2017 on July 27th, 2017. The Company will also host a conference call on at 9:30 a.m. ET on the same day to discuss the results. The live, audio webcast and replay of the event will be available under the Investor Center section of the Company's corporate website. Visit us today and access our complete research report on PF at:
http://dailystocktracker.com/registration/?symbol=PF
Post Holdings
St. Louis, Missouri headquartered Post Holdings Inc.'s stock gained 0.17%, to close the day at $82.08 with a total trading volume of 433,279 shares. The Company's shares have advanced 7.31% in the past month and 2.10% since the start of this year. The stock is trading 2.38% and 1.19% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Post Holdings, which operates as a consumer packaged goods holding company in the US and internationally, have an RSI of 63.63.
On July 03rd, 2017, Post Holdings announced that it has completed the previously announced acquisition of Weetabix Limited, a leading United Kingdom-based ready-to-eat cereal company, effective that day. The purchase of the latter was funded with cash on hand and partial proceeds from the previously announced incremental term loan facility, $1.0 billion of which was funded on June 29th, 2017.
On July 17th, 2017, research firm Goldman initiated a 'Buy' rating on the Company's stock, with a target price of $105 per share. The complimentary report on POST can be downloaded at:
http://dailystocktracker.com/registration/?symbol=POST
Amplify Snack Brands
Shares in Austin, Texas headquartered Amplify Snack Brands Inc. recorded a trading volume of 171,199 shares at the close of the last trading session. The stock ended the day 0.29% higher at $10.53. The Company's shares have advanced 17.13% in the last one month, 23.88% over the previous three months, and 19.52% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 14.67% and 3.66%, respectively. Furthermore, shares of Amplify Snack Brands, which together with its subsidiaries, develops, markets, and distributes better-for-you snack products in North America and internationally, have an RSI of 63.01.
On July 18th, 2017, Amplify Snack Brands announced the release of its financial results for the second quarter ended July 01st, 2017 on August 08th, 2017, followed by an investor conference call at 8:30 a.m. ET. There will also be a simultaneous, live webcast available under the Investor Relations section of the Company's website. Register for free on DailyStockTracker.com and access the latest research report on BETR at:
http://dailystocktracker.com/registration/?symbol=BETR
Sanderson Farms
Laurel, Mississippi headquartered Sanderson Farms Inc.'s shares finished Friday's session 0.87% higher at $118.76. A total volume of 187,618 shares was traded. The stock has advanced 4.68% in the previous three months and 26.02% on an YTD basis. The Company's shares are trading above their 200-day moving average by 17.81%. Furthermore, shares of Sanderson Farms, which produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the US, have an RSI of 51.61.
On July 20th, 2017, Sanderson Farms announced that Suzanne T. Mestayer was elected to the Company's Board of Directors, effective that day. Ms. Mestayer will fill a Class B director vacancy with a term expiring at the next annual meeting of shareholders in 2018. She is owner and managing principal of ThirtyNorth Investments, LLC, an independent registered investment advisory firm in New Orleans, Louisiana, which provides investment management and consultation services. Get free access to your research report on SAFM at:
http://dailystocktracker.com/registration/?symbol=SAFM
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