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Hormel Foods Corp. (HRL) Shares Cross Below 200 DMA
By Dividend Channel Staff, Thursday, September 27, 10:56 AM ET
In trading on Thursday, shares of Hormel Foods Corp. (NYSE:HRL) crossed below their 200 day moving average of $29.00, changing hands as low as $28.99 per share. Hormel Foods Corp. shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of HRL shares, versus its 200 day moving average:
Looking at the chart above, HRL's low point in its 52 week range is $26.03 per share, with $30.70 as the 52 week high point — that compares with a last trade of $29.01.
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According to the ETF Finder at ETF Channel, HRL makes up 1.10% of the S&P 500 High Quality Portfolio ETF (AMEX:SPHQ) which is trading relatively unchanged on the day Thursday.
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