TUP Stock Summary and Trading Ideas (Tupperware Brands | NYSE:TUP)

Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and sale of design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. The company primarily uses a direct selling business model to distribute and market products, while continuing to expand digital platforms and business-to-business distribution channels. The company operates its business under four reportable segments in four broad geographic regions namely the Asia Pacific, Europe (Europe, Africa and the Middle East), North America, and South America.

Tupperware Brands trades on the NYSE stock market under the symbol TUP.

As of May 6, 2024, TUP stock price climbed to $1.38 with 1,270,538 million shares trading.

TUP has a beta of 3.38, meaning it tends to be more sensitive to market movements. TUP has a correlation of 0.06 to the broad based SPY ETF.

TUP has a market cap of $63.85 million. This is considered a Micro Cap stock.

In the last 3 years, TUP stock traded as high as $29.20 and as low as $.61.

The top ETF exchange traded funds that TUP belongs to (by Net Assets): FNDA, VTI, PRFZ, VXF, SCHA.

TUP has underperformed the market in the last year with a return of +20.0%, while the SPY ETF gained +28.3%. In the last 3 month period, TUP fell short of the market, returning -16.9%, while SPY returned +4.8%. However, in the most recent 2 weeks TUP has outperformed the stock market by returning +49.0%, while SPY returned +4.3%.

TUP support price is $1.23 and resistance is $1.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TUP stock will trade within this expected range on the day.