BRF - Brasil Foods Has Returned 46.8% Since SmarTrend Recommendation (BRFS)
SmarTrend identified an Uptrend for BRF - Brasil Foods (NYSE:BRFS) on August 17th, 2012 at $15.23. In approximately 5 months, BRF - Brasil Foods has returned 46.82% as of today's recent price of $22.36.
BRF - Brasil Foods share prices have moved between a 52-week high of $22.52 and a 52-week low of $13.61 and are now trading 64% above that low price at $22.36 per share. The 200-day and 50-day moving averages have moved 0.13% higher and 0.75% higher over the past week, respectively.
BRF-Brasil Foods SA is a food processor in Latin America. The Company raises chickens to produce poultry products. Brasil Foods also processes frozen pastas, soybeans and their derivatives, and distributes frozen vegetables. The Company's core business is chilled and frozen food. The Company has offices in the Middle East, Asia, and Europe.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BRF - Brasil Foods shares.
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