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Stock Investors Bid Up Shares of United Natural Foods, Up 1.1%

Published on Thu, 04/11/2013 - 10:38
By Adrienne Chilton

One of today's notable stocks on the rise is United Natural Foods (NASDAQ:UNFI), up 1.1% to $51.46. The Dow is up 0.3% to 14,849 and the S&P is currently up 0.3% to 1,593.

United Natural Foods (NASDAQ:UNFI) has potential upside of 11.9% based on a current price of $51.46 and analysts' consensus price target of $57.58. The stock should find resistance at its 200-day moving average (MA) of $53.84, as well as support at its 50-day MA of $51.18.

In the past 52 weeks, shares of United Natural Foods have traded between a low of $32.83 and a high of $61.26 and are now at $51.46, which is 57% above that low price. The 200-day and 50-day moving averages have moved 0.1% lower and 0.28% lower over the past week, respectively.

United Natural Foods, Inc. distributes natural foods and related products. The Company offers natural products consisting of groceries and general merchandise, nutritional supplements, bulk and foodservice products, personal care items, perishables, and frozen foods.

By Adrienne Chilton