The Kraft Heinz Company (KHC) Rises 1.19%

The Kraft Heinz Company (KHC) Rises 1.19%

The Kraft Heinz Company is a In July 2015, Kraft merged with Heinz to create the third- largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth- largest player in the world.

Among the biggest risers on the S&P 500 on Friday November 20 was The Kraft Heinz Company ($KHC), popping some 1.19% to a price of $32.26 a share with some 9.02 million shares trading hands.

Starting the day trading at $31.80, The Kraft Heinz Company reached an intraday high of $32.33 and hit intraday lows of $31.75. Shares gained $0.38 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 1.22 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $19.99 to $36.37.

In July 2015, Kraft merged with Heinz to create the third- largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth- largest player in the world. Beyond its namesake brands, the combined firm’s portfolio includes Oscar Mayer, Planters, Ore-Ida, and Philadelphia. Outside North America, the firm’s global reach includes a distribution network in Europe and emerging markets that drive around one fifth of its consolidated sales base, as its products are sold in more than 190 countries and territories around the world.

The Kraft Heinz Company has its corporate headquarters located in Pittsburgh, PA and employs 37,000 people. Its market cap has now risen to $39.44 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 0.8, and P/FCF n/a.

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