JDE Peet’s (OTCMKTS:JDEPF) Shares Down 2.6% – What’s Next?

JDE Peet’s (OTCMKTS:JDEPF) shares traded down 2.6% on Tuesday . The company traded as low as $35.55 and last traded at $35.55. 200 shares traded hands during 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 company’s 50 day moving average price is $36.39 and its 200-day moving average price is $36.45.

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.