The stock of Bega Cheese Ltd (ASX:BGA) is a huge mover today! The stock increased 3.26% or $0.15 on November 18, hitting $4.75. About 699,476 shares traded hands or 6.29% up from the average. Bega Cheese Ltd (ASX:BGA) has declined 20.03% since April 22, 2016 and is downtrending. It has underperformed by 24.46% the S&P500.
The move comes after 5 months positive chart setup for the $721.58M company. It was reported on Nov, 18 by Barchart.com. We have $6.60 PT which if reached, will make ASX:BGA worth $281.42 million more.
More notable recent Bega Cheese Ltd (ASX:BGA) news were published by: Fool.com.Au which released: “Here’s why Bega Cheese Ltd is getting hammered today” on October 25, 2016, also Fool.com.Au with their article: “Is Bega Cheese Ltd a buy after doubling its profits?” published on August 24, 2016, Fool.com.Au published: “Are Ansell Limited and Bega Cheese Ltd bargain opportunities?” on April 06, 2016. More interesting news about Bega Cheese Ltd (ASX:BGA) were released by: Fool.com.Au and their article: “Why Bega Cheese Ltd shares are soaring” published on December 30, 2015 as well as Fool.com.Au‘s news article titled: “Can Bega Cheese Ltd shares grow with the baby formula boom?” with publication date: January 28, 2016.
Bega Cheese Limited is engaged in receiving, processing, manufacturing and distributing dairy and associated products. The company has a market cap of $721.58 million. The Company’s divisions include Bega Cheese and Tatura Milk. It has a 25.19 P/E ratio. The Company’s Bega Cheese segment makes natural cheese, processed cheese, powders, butter and packaged cheese products.
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