StockNews.com assumed coverage on shares of Tupperware Brands (NYSE:TUP – Free Report) in a research note released on Monday. The firm issued a hold rating on the stock.
Tupperware Brands Stock Performance
The business’s 50 day moving average is $1.11 and its two-hundred day moving average is $1.31. The company has a market cap of $21.94 million, a price-to-earnings ratio of 0.37 and a beta of 2.90. Tupperware Brands has a 52 week low of $0.47 and a 52 week high of $2.72.
Institutional Investors Weigh In On Tupperware Brands
A hedge fund recently bought a new stake in Tupperware Brands stock. State Board of Administration of Florida Retirement System purchased a new position in shares of Tupperware Brands Co. (NYSE:TUP – Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 19,702 shares of the company’s stock, valued at approximately $26,000. Hedge funds and other institutional investors own 25.06% of the company’s stock.
Tupperware Brands Company Profile
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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