Whitewave Foods Company (The) (WWAV) Moves Higher on Volume Spike for February 23

Equities Staff  |

Whitewave Foods Company (The) (WWAV) traded on unusually high volume on Feb. 23, as the stock gained 0.45% to close at $55.25. On the day, Whitewave Foods Company (The) saw 2.41 million shares trade hands on 10,326 trades. Considering that the stock averages only a daily volume of 1.32 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $56.82 and $37.40 over the last 52-weeks, its 50-day SMA is now $55.26, and its 200-day SMA $52.98. Whitewave Foods Company (The) has a P/B ratio of 6.92. It also has a P/E ratio of 46.2.

The WhiteWave Foods Co operates as a consumer packaged food and beverage company. The Company manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products.

Headquartered in Denver, CO, Whitewave Foods Company (The) has 5,300 employees and is currently under the leadership of CEO Gregg L. Engles.

For a complete fundamental analysis analysis of Whitewave Foods Company (The), check out Equities.com’s Stock Valuation Analysis report for WWAV.

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To get more information on Whitewave Foods Company (The) and to follow the company’s latest updates, you can visit the company’s profile page here: WWAV’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’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.



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