B&G Foods (NYSE:BGS) traded at a new 52-week high today of $35.71. So far today approximately 259,000 shares have been exchanged, as compared to an average 30-day volume of 338,000 shares.
In the past 52 weeks, B&G Foods share prices have been bracketed by a low of $24.69 and a high of $35.71 and are now at $35.64, 44% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.3%.
Based on a current price of $35.64, B&G Foods is currently 8.3% above its average consensus analyst price target of $32.67. The stock should find initial support at its 50-day moving average (MA) of $31.72 and further support at its 200-day MA of $30.35.
B&G Foods Inc. manufactures, sells, and distributes shelf-stable foods. The Company sells and distributes its products through supermarket warehouses, distributors, mass merchants, catalogs, and other sales channels. B&G sells foods such as salsa, maple syrup, pickles, baked beans, liquid smoke, meat spreads, and vinegars under its owns brands.