Cal-Maine Foods Inc (NASDAQ:CALM) has been downgraded to Strong Sell in a report by Zacks Investment Research today.
- Updated: September 16, 2016
Zacks Investment Research has downgraded Cal-Maine Foods Inc(NASDAQ:CALM) to Strong Sell in a statement released on 9/16/2016.
Previously on Wednesday September 14 2016, Vetr Inc. reported about Cal-Maine Foods Inc(NASDAQ:CALM) upped the target price from $0.00 to $48.33 that indicated a possible upside of 0.13%.
Displaying a price of $42.43, Cal-Maine Foods Inc (NASDAQ:CALM) traded 0.45% lower on the day. With the last stock price close down 9.15% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. The company has logged a 50-day average of $43.46 and two hundred day moving average of $46.50. Trading volume was was down over the average, with 599,155 shares of CALM changing hands under the typical 629,156 shares.
Cal-Maine Foods Inc has a P/E of 6 with a 52 week low of $39.60 and a one-year high of $63.25 and has a market cap of $0.0.
Also covering Cal-Maine Foods Inc’s price target, a total of 5 firms have released a report on CALM. The consensus target is $50.00 with one firm rating the stock a strong buy, 0 rating the stock a buy, three firms rating the stock a hold, 0 rating the company to underperform, and finally one firmrating the stock as sell.
More About Cal-Maine Foods Inc (NASDAQ:CALM)
Cal-Maine Foods, Inc. is a producer and marketer of shell eggs in the United States. The Company operates through the segment of production, grading, packaging, marketing and distribution of shell eggs. It offers shell eggs, including specialty and non-specialty eggs. It classifies cage free, organic and brown eggs as specialty products. It classifies all other shell eggs as non-specialty products. The Company markets its specialty shell eggs under the brands, including Egg-Land’s Best, Land O’ Lakes, Farmhouse and 4-Grain. The Company, through Egg-Land’s Best, Inc. (EB), produces, markets and distributes Egg-Land’s Best and Land O’ Lakes branded eggs. It markets cage-free eggs under its Farmhouse brand and distributes them throughout southeast and southwest regions of the United States. It markets organic, wholesome, cage-free, vegetarian and omega-3 eggs under its 4-Grain brand. It also produces, and markets and distributes private label specialty shell eggs to customers.
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