JDE Peet’s (OTCMKTS:JDEPF) Shares Down 2.6% – Time to Sell?

Shares of JDE Peet’s (OTCMKTS:JDEPF) traded down 2.6% during mid-day trading on Tuesday . The company traded as low as $35.55 and last traded at $35.55. 200 shares were traded during mid-day trading, a decline of 79% from the average session volume of 950 shares. The stock had previously closed at $36.51.

JDE Peet’s Stock Performance

The stock has a 50-day simple moving average of $36.41 and a 200 day simple moving average of $36.45.

JDE Peet’s Company Profile

JDE Peet’s is a global pure-play coffee and tea company with operations spanning retail, out-of-home, and e-commerce channels. The company produces a wide range of coffee and tea products including whole beans, ground coffee, single-serve pods, instant coffee and various tea blends. Through partnerships with foodservice providers, restaurants and office networks, JDE Peet’s delivers branded coffee and tea offerings to millions of consumers worldwide.

The company’s portfolio encompasses a number of well-known brands such as Jacobs, Douwe Egberts, L’OR, Senseo, Tassimo, Kenco and Pickwick tea in Europe, alongside Peet’s Coffee, Stumptown and Intelligentsia in North America.