Tupperware Brands (NYSE:TUP) Share Price Passes Above Two Hundred Day Moving Average of $1.60

Tupperware Brands Co. (NYSE:TUPGet Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.60 and traded as high as $1.63. Tupperware Brands shares last traded at $1.54, with a volume of 715,634 shares traded.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Tupperware Brands in a research note on Thursday, April 4th. They set a “hold” rating on the stock.

Check Out Our Latest Research Report on TUP

Tupperware Brands Stock Performance

The business has a fifty day moving average of $1.42 and a 200 day moving average of $1.60.

Hedge Funds Weigh In On Tupperware Brands

Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp grew its holdings in shares of Tupperware Brands by 96.2% in the third quarter. Bank of New York Mellon Corp now owns 110,184 shares of the company’s stock valued at $154,000 after purchasing an additional 54,025 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Tupperware Brands by 15.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,845,837 shares of the company’s stock worth $5,384,000 after buying an additional 515,074 shares in the last quarter. Pacifica Partners Inc. purchased a new stake in shares of Tupperware Brands during the fourth quarter valued at about $26,000. Larson Financial Group LLC acquired a new stake in shares of Tupperware Brands in the 4th quarter worth $161,000. Finally, Apollon Wealth Management LLC grew its stake in shares of Tupperware Brands by 100.0% during the fourth quarter. Apollon Wealth Management LLC now owns 40,000 shares of the company’s stock worth $80,000 after acquiring an additional 20,000 shares during the last quarter. Hedge funds and other institutional investors own 25.06% of the company’s stock.

About Tupperware Brands

(Get Free Report)

Tupperware Brands Corporation operates as a consumer products company in the Asia Pacific, Europe, Africa, the Middle East, North America, and South America. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home under the Tupperware brand name, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.

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