Initiating Research Report on Newell Brands and a Few Other Consumer Goods Equities
Stock Research Monitor: CLX, GPRO, and TWNK
LONDON, UK / ACCESSWIRE / May 10, 2018 / If you want a free Stock Review on NWL sign up now at www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com evaluates Newell Brands Inc. (NYSE: NWL), The Clorox Co. (NYSE: CLX), GoPro Inc. (NASDAQ: GPRO), and Hostess Brands Inc. (NASDAQ: TWNK). Companies in the Consumer Goods sector are providers of goods, with the primary purpose of direct consumption by individual consumers. These goods include both durable and non-durable that are used once or multiple times. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Newell Brands
Hoboken, New Jersey headquartered Newell Brands Inc.'s stock finished Wednesday's session 1.28% lower at $26.96 with a total trading volume of 4.65 million shares. The Company's shares have advanced 4.37% in the past month. The stock is trading above its 50-day moving average by 0.79%. Furthermore, shares of Newell Brands, which designs, manufactures, sources, and distributes consumer and commercial products worldwide, have a Relative Strength Index (RSI) of 48.15.
On April 17th, 2018, research firm Wells Fargo upgraded the Company's stock rating from ‘Market Perform' to ‘Outperform'.
On May 04th, 2018, Newell Brands announced that it has signed a definitive agreement to sell The Waddington Group, its global consumer and commercial package manufacturing business, to Novolex Holdings, LLC, a leading provider of paper and plastic packaging products backed by The Carlyle Group. The transaction is expected to close within approximately 60 days, subject to customary closing conditions, including regulatory approval. Get the full research report on NWL for free by clicking below at:
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Clorox
Shares in Oakland, California headquartered The Clorox Co. ended at $120.33, up 1.36% from the last trading session. The stock recorded a trading volume of 1.44 million shares, which was above its three months average volume of 1.23 million shares. The Company's shares are trading 4.08% below their 50-day moving average. Moreover, shares of Clorox, which manufactures and markets consumer and professional products worldwide, have an RSI of 47.16.
On April 19th, 2018, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
On April 26th, 2018, Clorox announced that its CEO, Benno Dorer, and CFO, Kevin Jacobsen, will be featured speakers at the 2018 Bernstein Strategic Decisions Conference, which will be held on May 30th, 2018, in New York City. A live webcast of their presentation is scheduled to begin at 10:00 a.m. ET and can be accessed on the Company's investors website, under the "Events & Presentations" tab. Gain free access to the research report on CLX at:
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GoPro
San Mateo, California headquartered GoPro Inc.'s stock ended yesterday's session 0.35% higher at $5.70. A total volume of 3.96 million shares was traded, which was above their three months average volume of 3.35 million shares. The Company's shares have advanced 19.75% in the past month and 1.60% over the previous three months. The stock is trading 10.66% above its 50-day moving average. Additionally, shares of GoPro, which develops and sells cameras, and mountable and wearable accessories in the US and internationally, have an RSI of 63.56.
On April 18th, 2018, GoPro announced the launch of its camera Trade-Up program, offering users in the US the ability to trade up from any previous-generation GoPro, or any other digital camera, to experience its latest and greatest products. Anyone in the U.S. can receive $50 off a new HERO6 Black or $100 off Fusion by participating in the program via the Company's website. Signing up today on Wall St. Equities will give you access to the latest report on GPRO at:
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Hostess Brands
On Wednesday, shares in Kansas City, Missouri headquartered Hostess Brands Inc. recorded a trading volume of 1.01 million shares, which was above their three months average volume of 934,970 shares. The stock finished 0.58% lower at $13.78. The Company's shares have advanced 5.84% in the previous three months. The stock is trading above its 200-day moving average by 0.07%. Furthermore, shares of Hostess Brands, which develops, manufactures, markets, sells, and distributes fresh sweet baked goods in the US, have an RSI of 41.11.
On April 12th, 2018, Hostess Brands announced that its Board of Directors appointed Andrew "Andy" Callahan as a Director on the Board. Mr. Callahan has also been named as President and CEO of the Company, effective May 07th, 2018. He will replace C. Dean Metropoulos, Executive Chairman, who has been serving in the expanded role of interim President and CEO since March 31st, 2018. Mr. Metropoulos will remain Executive Chairman of the Board. Register now for today's free coverage on TWNK at:
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