• Return to Headlines

Hershey Co/The: The Winning Streak Continues (HSY)

By Shiri Gupta

Hershey Co/The (NYSE:HSY) traded at a new 52-week high today of $142.99. So far today approximately 380,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

In the past 52 weeks, Hershey Co/The share prices have been bracketed by a low of $90.52 and a high of $142.99 and are now at $142.82, 58% above that low price. The 200-day and 50-day moving averages have moved 0.48% higher and 0.73% higher over the past week, respectively.

The Hershey Company manufactures chocolate and sugar confectionery products. The Company's principal products includes chocolate and sugar confectionery products, gum and mint refreshment products, and pantry items, such as baking ingredients, toppings, and beverages.

Hershey Co/The (NYSE:HSY) defies analysts with a current price ($142.82) 31.1% above its average consensus price target of $98.39. The stock should discover initial support at its 50-day moving average (MA) of $133.66 and subsequent support at its 200-day MA of $115.32.

SmarTrend recommended that subscribers consider buying shares of Hershey Co/The on July 6th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $95.34. Since that recommendation, shares of Hershey Co/The have risen 47.3%. We continue to monitor HSY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows hershey co/the

Ticker(s): HSY