Published July 23, 2012
During trading today, both the Consumer/Non-Cyclical sector (XLP) and the S&P500 showed little movement.
Although it moved in the opposite direction of the market, the ETF tracked closer to the overall market today than it has over the past week. Going into trading today, XLP was down 1.2% over the last seven trading days. The S&P 500, in comparison, was down 0.3%.
Peet's Coffee & Tea (PEET) rose 27.8% to close at $73.05, cross its 50-day moving average of $57.92 and 200-day moving average of $63.39. Universal (UVV) declined 1.7% to close at $45.78, moving below its 50-day moving average of $46.09 and 200-day moving average of $45.81.
American Lorain Corporation (ALN) rose 1.9% to close at $1.09, approaching its 50-day moving average of $1.14. It has also moved closer to its 200-day moving average of $1.29. Seneca Foods (ODC) fell 3.4% to close at $26.61, moving closer to its 50-day moving average of $26.12. Also, the stock moved closer to its 200-day moving average of $20.61.
Increasing 5.7% (+15 cents) to close at $2.76, Jamba (JMBA) was a major gainer in the sector. Today, 1.1 million shares traded hands. The stock traded in a range of $2.56 to $2.80.
Calavo Growers (CVGW) was a major loser in the sector, falling 4.6% (-$1.23) to close at $25.77 with 50,231 shares moving. The stock traded between $25.74 and $26.91. The stock has been on a downward trajectory over the last two months, dropping $2.64 (-9.3%) from a price of $28.41 on May 23, 2012.
B&G Foods (BGS) hit a new 52-week high today, reaching $28.24 to top the previous high of $27.54.
Ralcorp Holdings (RAH) hit a new 52-week low today, hitting $60.30 to fall below the previous low of $60.70.