Amplify Snack Brands Inc (NYSE:BETR) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 13, 2016
Yesterday Amplify Snack Brands Inc (NYSE:BETR) traded -1.09% lower at $15.62. The company’s 50-day moving average is $16.27 and its 200-day moving average is $14.78. The last closing price is up 4.51% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 356,251 shares of the stock traded hands, down from an average trading volume of 683,011
Zacks Investment Research has downgraded Amplify Snack Brands Inc (NYSE:BETR) to Hold in a statement released on 10/13/2016.
On 10/12/2016, Zacks Investment Research released a statement on Amplify Snack Brands Inc (NYSE:BETR) upped the target price from $0.00 to $17.00 that suggested an upside of 0.09%.
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Amplify Snack Brands Inc has a 52 week low of $9.15 and a 52 week high of $17.53 with a P/E ratio of 64.11 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokers have issued a report on the company. The average stock price target is $17.57 with 3 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Amplify Snack Brands Inc (NYSE:BETR)
Amplify Snack Brands, Inc. is a snack food company. The Company and its subsidiaries are focused on developing and marketing products that appeal to consumers' preference for Better-For-You (BFY) snacks. Its BFY-focused snacking platform consists of two brands: SkinnyPop and Paqui. Its anchor brand, SkinnyPop, is a BFY ready-to-eat (RTE) popcorn brand. SkinnyPop has a customer base across food distribution channels in the United States. SkinnyPop is cooked with approximately three core ingredients, such as popcorn, sunflower oil and salt. The SkinnyPop portfolio comprises approximately seven flavors, such as Original, White Cheddar flavor, Black Pepper and Sea Salt, Naturally Sweet, Dusted Dark Chocolate flavor, Jalapeno and Hatch Chile, a seasonal offering. It offers its products in a range of bag sizes and pack types that are sold across all channels. SkinnyPop products are gluten-free. The Company sells its products directly to retailers and to distributors.
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