The Kraft Heinz Company (NASDAQ:KHC) traded today at a new 52-week high of $41.15. So far today approximately 1.1 million shares have been exchanged, as compared to an average 30-day volume of 8.3 million shares.
The Kraft Heinz Company share prices have moved between a 52-week high of $41.15 and a 52-week low of $22.98 and are now trading 78% above that low price at $40.87 per share.
Based on a current price of $40.87, The Kraft Heinz Company is currently 2.1% above its average consensus analyst price target of $40.02.
In July 2015, Kraft merged with Heinz to create the third- largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth- largest player in the world. Beyond its namesake brands, the combined firm’s portfolio includes Oscar Mayer, Planters, Ore-Ida, and Philadelphia. Outside North America, the firm’s global reach includes a distribution network in Europe and emerging markets that drive around one fifth of its consolidated sales base, as its products are sold in more than 190 countries and territories around the world.
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