The Kraft Heinz Company (NASDAQ:KHC) traded today at a new 52-week high of $41.25. Approximately 1.1 million shares have changed hands today, as compared to an average 30-day volume of 6.8 million shares.
In the past 52 weeks, shares of The Kraft Heinz Company have traded between a low of $27.34 and a high of $41.25 and is now at $41.07, which is 50% above that low price.
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Ore-Ida, and Philadelphia. Outside North America, the firm's global reach includes a distribution network in Europe and emerging markets that drive around one fifth of its consolidated sales base, as its products are sold in more than 190 countries and territories.
The Kraft Heinz Company (NASDAQ:KHC) defies analysts with a current price ($41.07) 0.7% above its average consensus price target of $40.80.
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