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Stock Charts AI Power Rank: 9.5
Power Rank trend -> Rising
07/08/2024 11:10:00 EST
Pilgrims Pride Corp (PPC)
Industry: Packaged Foods
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, PPC has been trading in a range between $38.49 and $34.10 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
PPC is trading below resistance at $38.50, about 0% to the upside. There is support at $35.55 -7% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Pilgrims Pride Corp $PPC entered a Green zone 12 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $26.25, a potential down side of -31.05% from the recent price of 38.07. The stock is trading 2.44% (potential upside) below its 52 week high of $39.00 and 76.5 % (potential downside) above its 52 week low of $21.57 - based on the recent price.
Company Summary
Pilgrim's Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators The company offers fresh products, including refrigerated whole or cut-up chicken, selected chicken parts that are either marinated or non-marinated, primary pork cuts, added value pork, and pork ribs; and prepared products, which include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties, processed sausages, bacon, smoked meat, gammon joints, pre-packed meats, sandwich and deli counter meats and meat balls. It also provides plant-based protein offerings, ready-to-eat meals, multi-protein frozen foods, vegetarian foods and desserts.
News
| Pilgrim's Pride (PPC) Rises Higher Than Market: Key Facts The latest trading day saw Pilgrim's Pride (PPC) settling at $38.29, representing a +0.74% change from its previous close. Source: Zacks Investment Research Thu, 27 Jun 2024 19:06:58 -0400 Sentiment: Neutral |
| Pilgrim's Pride (PPC) Ascends While Market Falls: Some Facts to Note Pilgrim's Pride (PPC) concluded the recent trading session at $36.84, signifying a +1.94% move from its prior day's close. Source: Zacks Investment Research Fri, 21 Jun 2024 19:05:49 -0400 Sentiment: Neutral |
| Pilgrim's Pride (PPC) Stock Dips While Market Gains: Key Facts In the most recent trading session, Pilgrim's Pride (PPC) closed at $35.01, indicating a -0.03% shift from the previous trading day. Source: Zacks Investment Research Wed, 12 Jun 2024 18:50:25 -0400 Sentiment: Neutral |
| Can Pilgrim's Pride's (PPC) Growth Efforts Help Keep Momentum? Pilgrim's Pride's (PPC) strategic focus on engaging key customers, investing in brand building and enhancing operational efficiency positions it well to overcome the volatile nature of market conditions. Source: Zacks Investment Research Tue, 11 Jun 2024 13:50:20 -0400 Sentiment: Positive |
| Pilgrim's Pride (PPC) Stock Falls Amid Market Uptick: What Investors Need to Know In the most recent trading session, Pilgrim's Pride (PPC) closed at $34.16, indicating a -1.44% shift from the previous trading day. Source: Zacks Investment Research Wed, 05 Jun 2024 18:51:10 -0400 Sentiment: Negative |
Technicals 52 Week Hi: 39 52 Week Low: 21.77 Beta: 0.784 50 Day MA: 36.4828 200 Day MA: 30.3277 Earnings / Revenue Trends Qtr Earnings Growth YOY: 35.5 Qtr Revenue Growth YOY: 0.047 Forward PE: 14.1243 Trailing PE: 18.3913