Tupperware Brands (NYSE:TUP) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Tupperware Brands (NYSE:TUP) in a research report sent to investors on Monday morning. The firm issued a hold rating on the stock.

Tupperware Brands Price Performance

Tupperware Brands has a 12 month low of $0.47 and a 12 month high of $2.72. The company has a market cap of $21.94 million, a PE ratio of 0.37 and a beta of 2.90. The firm has a 50 day moving average price of $1.11 and a two-hundred day moving average price of $1.31.

Institutional Trading of Tupperware Brands

An institutional investor recently bought a new position in Tupperware Brands stock. State Board of Administration of Florida Retirement System bought a new position in shares of Tupperware Brands Co. (NYSE:TUP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 19,702 shares of the company’s stock, valued at approximately $26,000. Institutional investors and hedge funds own 25.06% of the company’s stock.

About Tupperware Brands

Tupperware Brands Corporation operates as a consumer products company in the Asia Pacific, Europe, Africa, the Middle East, North America, and South America. The company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home under the Tupperware brand name, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.