Why Hormel Foods' Stock Is Trading Higher Today

Hormel Foods HRL shares are trading higher after the company reported better-than-expected Q2 EPS and sales results. The company also issued FY21 sales guidance above analyst estimates.

Hormel Foods is currently up 7.79% to a price of $49.73. The stock's current volume for the day is 4.98 million, which is approximately 259.3% of its previous 30-day average volume of 1.92 million.

The 50-day moving average price of Hormel Foods's stock was $47.31 when this article was published. The stock reached a high of $52.97 and a low of $43.45 in the past 52 weeks.

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