Friday, July 25, 2014

HSY Stock Price Outlook

The Hershey Company (HSY) is based in the United States and is considered as the largest producer, manufacturer, and distributor of chocolate and chocolate products in North America. The company also specializes in the production of sugar confectionery. These are the two primary products of the company. Apart from that, the company is also involved in the production of baking ingredients, pantry items, mint refreshment products, toppings and beverages, and gums like dnkn stock. The company’s strongly positive reputation has led the investors also become confident about purchasing the HSY stocks in order to gain more high dividends in the future. The current HSY stock price is $104.11 with an average change of -0.28%. The 52-week high and low prices of the stock are $108.67 and $84.85, respectively. The average volume of the stocks that is being traded in the stock markets is 286,062. If we look into the stock price history of the company, we notice that the price has significantly increased in the current quarter of 2014. Similarly, the price also increased from $86.43 to the current level. In the last 5 years, the price has become 2.5 times higher than it was in the beginning of 2009. This encourages the investors and the company in anticipating the higher profits in the future.

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