Is This Stock a Screaming Buy: Inventure Foods, Inc. (NASDAQ:SNAK)

Equity Research firms currently have a positive stance on shares of Inventure Foods, Inc. (NASDAQ:SNAK). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $10.25 on a short term basis.

At the time of writing, the stock was trading at $9.60. This represents a change from the opening price of 0.63%. In terms of performance, year to date, the stock is 33.52%. The monthly stock performance comes in at -2.67%. For the quarter, shares are performing at 20.46%. Weekly performance analysis shows the equity at 3.27%.

In taking a look at technical levels, shares are trading 1.77% away from the 50 day simple moving average and 30.74% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -2.24% away from it’s 52- week high and 95.52% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Inventure Foods, Inc.’s RSI stands at 55.01. In looking at volatility levels, the shares saw weekly volatility of 2.08% and 2.58% over the past month.

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