Fresh Del Monte Produce Inc. (FDP) Soars 20.37% on September 24

Equities Staff  |

Fresh Del Monte Produce Inc. (FDP) had a good day on the market for Tuesday September 24 as shares jumped 20.37% to close at $36.82. About 2.57 million shares traded hands on 25,135 trades for the day, compared with an average daily volume of n/a shares out of a total float of 48.36 million. After opening the trading day at $34.75, shares of Fresh Del Monte Produce Inc. stayed within a range of $37.05 to $34.22.

With today's gains, Fresh Del Monte Produce Inc. now has a market cap of $1.78 billion. Shares of Fresh Del Monte Produce Inc. have been trading within a range of $35.47 and $22.98 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Fresh Del Monte Produce Inc produces, markets, and distributes fresh fruit and vegetables internationally. Additionally, it prepares and distributes juices, beverages, and snacks. The products are shipped to retail stores, foodservice operators, wholesalers, and other distributors. The company owns a trucking company and uses asset-based carriers to deliver by land, and utilizes its fleet of ships mixed with chartered refrigerated vessels to deliver by sea. Fresh Del Monte Produce incorporates a worldwide salesforce to conduct selling and marketing, and has strategically constructed distribution centers around the world to deliver its products.

Fresh Del Monte Produce Inc. is based out of Grand Cayman, and has some 40,500 employees. Its CEO is Mohammad Abu-Ghazaleh.

For a complete fundamental analysis of Fresh Del Monte Produce Inc., check out’s Stock Valuation Analysis report for FDP.

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Fresh Del Monte Produce Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Fresh Del Monte Produce Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FDP’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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