Tupperware Brands (NYSE:TUP) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Tupperware Brands (NYSE:TUP) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the stock.

Tupperware Brands Price Performance

Shares of TUP opened at $0.47 on Monday. 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 of $1.11 and a 200-day moving average of $1.31. Tupperware Brands has a one year low of $0.47 and a one year high of $2.72.

Hedge Funds Weigh In On Tupperware Brands

A hedge fund recently bought a new stake 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 first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 19,702 shares of the company’s stock, valued at approximately $26,000. 25.06% of the stock is owned by hedge funds and other institutional investors.

Tupperware Brands Company Profile

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.