KD Logo

Taking a Closer Look At Fresh Del Monte Produce Inc (FDP) Following Its Recent Trade

Fresh Del Monte Produce Inc’s filing revealed that its Director Cloyd Mary Ann unloaded Company’s shares for reported $45024.0 on Nov 20 ’24. In the deal valued at $33.60 per share,1,340 shares were sold. As a result of this transaction, Cloyd Mary Ann now holds 20,848 shares worth roughly $0.63 million.

Then, Berthelot Michael J sold 3,300 shares, generating $112,060 in total proceeds. Upon selling the shares at $33.96, the Director now owns 10,107 shares.

Before that, Berthelot Michael J bought 3,300 shares. Fresh Del Monte Produce Inc shares valued at $108,999 were divested by the Director at a price of $33.03 per share.

Wunderlich reiterated its Fresh Del Monte Produce Inc [FDP] rating to a Buy in a research note published on November 02, 2016; the price target was $74. A number of analysts have revised their coverage, including Wunderlich’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Buy”‘ rating for it. Sidoti began covering FDP with “Neutral” recommendation on May 12, 2016. Wunderlich maintained its rating on May 11, 2016. It rated FDP as “a Buy”.

Price Performance Review of FDP

On Tuesday, Fresh Del Monte Produce Inc [NYSE:FDP] saw its stock jump 0.80% to $30.19. Fresh Del Monte Produce Inc shares have fallen nearly -9.09% since the year began. Nevertheless, the stocks have risen 25.95% over the past one year. While a 52-week high of $35.27 was reached on 01/02/25, a 52-week low of $21.23 was recorded on 02/24/25. SMA at 50 days reached $31.75, while 200 days put it at $28.49.

Levels Of Support And Resistance For FDP Stock

The 24-hour chart illustrates a support level at 29.81, which if violated will result in even more drops to 29.42. On the upside, there is a resistance level at 30.56. A further resistance level may holdings at 30.93. The Relative Strength Index (RSI) on the 14-day chart is 41.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.43%. Stochastics %K at 71.70% indicates the stock is a holding.

The most recent change occurred on May 04, 2016 when Wunderlich resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $50.

Most Popular