Fish Industry Stocks($HRL,$SEB,$LWAY...): Impressive 19.01% 📈 Gain Over the Last Month
The 'fish' category primarily encompasses sellers of fish. Many companies within this sector also venture into the production and sale of poultry, frozen meat, and even dairy products. Notable entities in this domain include Lifeway Foods, Inc., Sanderson Farms, Inc., and Hormel Foods Corp.
Tickers in Industry - $HRL, $SEB, $LWAY, $BRFS, $PPC
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Notable Companies
Leading the industry are renowned companies such as Lifeway Foods, Inc., Sanderson Farms, Inc., and Hormel Foods Corp.
Market Capitalization Insights
The fish industry's average market capitalization stands at $7B. Valuations for individual tickers span from a modest $161.7M to a robust $21.5B. Hormel Foods Corp. (HRL) boasts the highest valuation at $21.5B, while Lifeway Foods (LWAY) sits at the lower end, valued at $161.7M.
Price Fluctuations and Noteworthy News
The average weekly price growth for stocks in the fish theme was 5.19%. On a monthly scale, the growth was an impressive 19.01%, and quarterly, it was 25.19%. Lifeway Foods (LWAY) led with a price growth of 32.13%, while BRF - Brasil Foods SA (BRFS) faced the steepest decline at -6.25%.
Significant Price Movements:
- 8/19/23 6:54 AM: Hormel Foods (HRL, $39.29) registered a decline, dropping by -5.55%.
- 7/13/23 7:56 AM: Pilgrim's Pride (PPC, $23.13) emerged as a top performer, soaring by +6.25%.
- 6/2/23 7:44 AM: Hormel Foods (HRL, $40.2) also made headlines with a +5.13% jump.
Volume Dynamics
The fish theme experienced an average weekly volume decline of -28.42%. Monthly volume growth averaged at -5.94%, and quarterly growth declined by -43.18%.
Volume Highlights:
- 6/3/23 7:00 AM: BRF - Brasil Foods SA stock's volume surged for four consecutive days, marking a record-breaking daily growth of 139% of the 65-Day Volume Moving Average.
Fundamental Analysis Ratings
The industry's average fundamental analysis ratings, where 1 represents the best and 100 the worst, are as follows: [Data not provided]
The fish industry stocks have showcased a commendable performance over the past month, with an average gain of 19.01%. This sector's dynamics and performance are crucial for investors to keep an eye on in the financial landscape.
HRL - On August 24, 2023, HRL's RSI Oscillator transitioned out of the oversold zone, hinting at a possible shift from a descending to an ascending trend. Investors might contemplate buying the stock or considering call options. An analysis based on 26 similar past events revealed that in 15 instances, the stock's value increased in the subsequent period. This suggests a 58% likelihood of HRL experiencing an upward movement. Investors should closely monitor HRL's trajectory.
SEB - On August 25, 2023, SEB's Stochastic Oscillator transitioned into the overbought zone. Historically, this can indicate a potential price decline or stabilization ahead. Investors might consider evaluating their positions, possibly selling the stock or looking into put options as a precautionary measure. Monitoring SEB's performance closely in the coming days would be prudent.
LWAY - On August 08, 2023, LWAY's 10-day Moving Average made a bullish crossover above its 50-day moving average. This is often interpreted as a positive signal, suggesting a potential upward trajectory. Historical data reveals that in 16 out of 18 similar events, LWAY experienced a rise in the subsequent month. With an 89% likelihood of continued ascent, investors might view this as an opportune moment to consider LWAY for their portfolios.
Momentum Indicator for HRL turns positive, indicating new upward trend
HRL saw its Momentum Indicator move above the 0 level on September 19, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 102 similar instances where the indicator turned positive. In of the 102 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where HRL's RSI Oscillator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for HRL just turned positive on September 15, 2023. Looking at past instances where HRL's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HRL advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for HRL crossed bearishly below the 50-day moving average on August 22, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HRL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
HRL broke above its upper Bollinger Band on September 21, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for HRL entered a downward trend on September 19, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.758) is normal, around the industry mean (10.059). P/E Ratio (24.331) is within average values for comparable stocks, (36.858). Projected Growth (PEG Ratio) (3.016) is also within normal values, averaging (2.494). Dividend Yield (0.028) settles around the average of (0.045) among similar stocks. P/S Ratio (1.754) is also within normal values, averaging (29.097).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HRL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HRL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of meat products and other prepared foods
Industry FoodSpecialtyCandy
HRL and
Correlation & Price change
A.I.dvisor indicates that over the last year, HRL has been loosely correlated with KHC. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if HRL jumps, then KHC could also see price increases.