Seven Sluggish Movers in the Consumer Goods Sector: Green Mountain Coffee Roasters, Kandi, Dole Food, Lorillard, Coca-Cola, WhiteWave Foods
Jun 28, 13 Seven Sluggish Movers in the Consumer Goods Sector: Green Mountain Coffee Roasters, Kandi, Dole Food, Lorillard, Coca-Cola, WhiteWave Foods

Green Mountain Coffee Roasters Inc (NASDAQ:GMCR) reported the appointment of 3 new directors, following the retirement of its former president and chief executive officer, Lawrence Blanford and founder Robert Stiller, as members of the board of the firm.

Shares of Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) opened at $76.52, with 149.19 million outstanding shares and touched its highest price of $77.29 during the day and then finished at $73.84, by scoring -2.34%. In the last session, it traded on volume of 4.03 million shares, which was lower than its average volume of 4.96 million.

The Chinese electric-car manufacturer, Kandi Technolgies Corp (NASDAQ:KNDI), declared that it decided to sell its stock and warrants to 2 institutional investors, as the company looks to raise working capital. The firm will issue 4.4 million shares to the investors, at a price of $6.03 per share, as part of the agreement.

Kandi Technolgies Corp. (NASDAQ:KNDI) stock hit its highest price at $6.42, beginning with a price of $6.10 and reported a loss of 0.82%, to close at $6.06, with a day range of $6.03-$6.42. The total market capitalization remained $197.19 million and total volume of 1.78 million shares in the session was higher than its average volume of 1.73 million shares.

Dole Food Company, Inc (NYSE:DOLE) reported on Tuesday that it has designated a special committee of its board of directors to act on behalf of the California-based firm regarding the purchase offer from billionaire David Murdock earlier this month.

Dole Food Company, Inc. (NYSE:DOLE) began last trade with a price of $12.85 and, throughout the trading session, climbed to a high of $12.89. The day-trade ended with a decline of -0.70%, to $12.76. The stock is going forward from its 52 week low 51.72% and lagging behind its 52 week high price -16.00%. DOLE last month stock price volatility remained 2.29%.

Cigarette maker, Lorillard Inc (NYSE:LO), most recently declared that the United States Food and Drug Administration has authorized the firm to sell two non-menthol versions of Lorillard’s flagship Newport brand, sending shares down on Thursday.

Shares of Lorillard Inc. (NYSE:LO) traded at $43.58, by plunging -0.46%, with price volatility of 3.53% for a week and 2.40% for a month. Its price volatility’s Average True Range for 14 days was 1.07 and its beta stands at 0.38 times. The stock, after opening at $43.78, hit a high price of $44.45 and last session’s volume of 3.52 million shares was higher than its average volume of 3.36 million shares.

Ecolab Inc (NYSE:ECL) has unveiled its latest Kay Heated Soak Tank plan for quick service restaurants. Shares of the leading cleaning and sanitation products maker moved down on Thursday.

Ecolab Inc. (NYSE:ECL) stock hit its highest price at $86.62, beginning with a price of $86.49 and reported a loss of -0.27%, to close at $85.70, with a day range of $85.16-$86.62. The stock is going forward from its 52 week low 40.69% and lagging behind its 52 week high price -3.95%.

The Coca-Cola Company (NYSE:KO) stock hit its highest price at $40.88, beginning with a price of $40.65 and reported a decline of -0.17%, to close at $40.26, with a day range of $40.24-$40.88. The total market capitalization remained $179.31 billion and total volume of 11.46 million shares in the session was lower than its average volume of 13.82 million shares.

WhiteWave Foods Co (NYSE:WWAV) began last trade with a price of $16.51 and, throughout the trading session, climbed to a high of $16.58. The day-trade ended with a decline of -1.22%, to $16.18. The stock is going forward from its 52 week low 13.78% and lagging behind its 52 week high price -17.41%. WWAV last month stock price volatility remained 3.86%.

About the Author:

Financial Editor Julie Wood has worked as the Equity Observer’s deputy personal finance editor for the past 2 years


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