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Hormel Foods (HRL) Hits New Lifetime High

Trade-Ideas LLC identified Hormel Foods ( HRL) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Hormel Foods as such a stock due to the following factors:

  • HRL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $85.5 million.
  • HRL has traded 29,643 shares today.
  • HRL is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in HRL with the Ticky from Trade-Ideas. See the FREE profile for HRL NOW at Trade-Ideas More details on HRL: Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. The stock currently has a dividend yield of 1.5%. HRL has a PE ratio of 26. Currently there are 3 analysts that rate Hormel Foods a buy, no analysts rate it a sell, and 3 rate it a hold. The average volume for Hormel Foods has been 932,000 shares per day over the past 30 days. Hormel has a market cap of $17.2 billion and is part of the consumer goods sector and food & beverage industry. The stock has a...