Kraft Heinz (KHC) Trading Near 52-Week Low: Buy, Hold or Sell?
Kraft Heinz(KHC) ZACKS·2024-07-15 23:41
The Kraft Heinz Company (KHC) has not been in its best shape lately as it navigates the pressures of a difficult consumer environment and underlying commodity cost inflation. This food and beverage giant has seen its shares slide 10.7% in the past three months. Finishing the last trading session at $32.07, the stock stands perilously close to its 52-week low of $30.68 and 17.7% below its 52-week high of $38.96.Image Source: Zacks Investment ResearchAdditionally, this Pittsburgh, PA-based company’s stock has ...