General Mills's most recent trend suggests a bullish bias. One trading opportunity on General Mills is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 9.17% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $47.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for General Mills is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for General Mills is bullish.
The RSI indicator is at 50.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for General Mills
Conagra Brands: Mixed Q1 Results, Solid 2H Outlook
Thu, 26 Sep 2019 15:31:01 +0000
Conagra Brands (CAG) posted mixed first-quarter results. The company's revenues maintained the momentum and registered strong growth.
We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt
Thu, 26 Sep 2019 15:07:40 +0000
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says…
Conagra's (CAG) Q1 Earnings Beat Estimates, Sales Up Y/Y
Thu, 26 Sep 2019 13:46:01 +0000
Conagra's (CAG) top line grew year over year in first-quarter fiscal 2020, backed by gains from Pinnacle Foods, partly countered by divestiture of Sold Businesses.
Lamb Weston (LW) to Post Q1 Earnings: Will Cost Woes Linger?
Thu, 26 Sep 2019 11:58:11 +0000
Lamb Weston's (LW) first-quarter fiscal 2020 results are poised to gain from LTO innovation and robust price/mix. However, rising input costs and SG&A expenses are headwinds.
General Mills Declares Quarterly Dividend and Holds 91st Annual Shareholder Meeting
Tue, 24 Sep 2019 21:00:00 +0000
The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.49 per share, payable November 1, 2019, to shareholders of record as of October 10, 2019.
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