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Tale of the Tape

Zacks Equity Research

Is Delhaize Group (DEG) Ready to Breakout?
March 04, 2014


Trades from $3
Are you a technical investor? If so, it may be time to consider Delhaize Group (DEG - Snapshot Report) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for DEG.

This trend may have already begun, as shares of DEG have moved by higher by 10.0% in just the past month. Plus, DEG has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Delhaize Group has plenty of life left.