The Hain Celestial Group Moving On Heavy Volume

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The Hain Celestial Group, Inc.
HAIN
shares are moving higher today on very heavy volume. Shares are up more than 3% today, as the stock has already traded the average daily volume just over an hour into trading. The average daily volume in the name is just under 400,000 shares, and the volume has already been reached 80 minutes into the trading day. Hain Celestial has been mentioned before as a potential acquisition target, most likely in a leveraged buyout transaction. Also of note is that insiders have been buying up stock recently, so this is something to keep an eye for the future. The Hain Celestial Group, Inc., together with its subsidiaries, manufactures, markets, distributes, and sells natural and organic food, and personal care products in the United States and internationally.
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Posted In: RumorsM&AMoversConsumer StaplesPackaged Foods & Meats
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