Shares of Midera Food Processing (NASDAQ:MFPVV – Get Free Report) fell 1.3% during mid-day trading on Monday. The company traded as low as $33.00 and last traded at $34.61. 100,387 shares traded hands during trading, a decline of 7% from the average daily volume of 107,422 shares. The stock had previously closed at $35.05.
Analyst Ratings Changes
Separately, CJS Securities assumed coverage on Midera Food Processing in a research report on Tuesday, June 30th. They issued a “market outperform” rating and a $50.00 price target on the stock. One analyst has rated the stock with a Buy rating. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $50.00.
Get Our Latest Stock Report on Midera Food Processing
Midera Food Processing Price Performance
The business has a 50-day moving average of $34.61.
Hedge Funds Weigh In On Midera Food Processing
A hedge fund recently bought a new stake in Midera Food Processing stock. Cibc World Market Inc. purchased a new stake in Midera Food Processing (NASDAQ:MFPVV – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,237 shares of the company’s stock, valued at approximately $576,000.
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