One of today's notable stocks on the rise is Farmer Bros (NASDAQ:FARM), up 2.0% to $14.06. The S&P is currently trading 0.3% lower to 1,559 and the Dow Jones Industrial Average is trading 0.3% lower to 14,513.
In the past 52 weeks, shares of Farmer Bros have traded between a low of $6.73 and a high of $15.37 and are now at $14.06, which is 109% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has risen 0.9%.
There is potential upside of 20.9% for shares of Farmer Bros based on a current price of $14.06 and an average consensus analyst price target of $17.00. Farmer Bros shares have support at the 50-day moving average (MA) of $13.49 and additional support at the 200-day MA of $10.69.
Farmer Brothers Co. roasts, packages and distributes coffee and allied products to restaurants, hotels, hospitals, convenience stores, and fast food outlets.