JDE Peet’s (OTCMKTS:JDEPF) Stock Price Up 5.3% – Should You Buy?

JDE Peet’s (OTCMKTS:JDEPF) shares rose 5.3% during trading on Thursday . The stock traded as high as $37.43 and last traded at $37.43. Approximately 176 shares traded hands during trading, a decline of 78% from the average daily volume of 795 shares. The stock had previously closed at $35.55.

JDE Peet’s Trading Up 5.3%

The firm has a fifty day moving average price of $36.16 and a 200 day moving average price of $36.33.

About JDE Peet’s

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.