Grupo Herdez (OTCMKTS:GUZOF) Shares Up 7.1% – Time to Buy?

Grupo Herdez, S.A.B. de C.V. (OTCMKTS:GUZOF) shot up 7.1% on Wednesday . The company traded as high as C$2.70 and last traded at C$2.70. 5,000 shares traded hands during mid-day trading, an increase of 54% from the average session volume of 3,240 shares. The stock had previously closed at C$2.52.

Grupo Herdez Price Performance

The company has a 50-day moving average price of C$2.54 and a 200-day moving average price of C$2.64.

Grupo Herdez Company Profile

Grupo Herdez, SAB. de C.V., a food company, engages in the manufacture, purchase, distribution, and marketing of canned and packed food products in Mexico and internationally. It provides mushrooms, vegetable juices, mayonnaise, honey, mustard, moles, tomato puree, jams, pastas, homemade sauces, ice creams, tea, soy sauce, tuna, coffee, spices, pasta sauces, hot sauces, ketchup, canned chilies, vegetables, olives, nopalitos, guacamole, sauces, enchilada sauces, taco sauce, chiles, tortillas, mayonnaise, marmalades, and organic products under the Aires de Campo, Barilla, Blasón, Búfalo, Cielito Querido Café, Del Fuerte, Doña María, Embasa, Helados Nestlé, Herdez, McCormick, Moyo, Nutrisa, La Victoria, Wholly Guacamole, Yemina, Carlota, ChiChi’s, Don Miguel, Nutrisa, Nestlé Ice Cream, Cielito Dear Coffee, and Moyo brands.