Calavo Growers Symmetrical Triangle Breakout, Insider Buying

Post published:July 18, 2023
Post category:Stock Trading
Reading time:3 mins read

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Calavo Growers CVGW stock is getting heavy insider buying as of July 18, 2023. CVGW stock is in a technical uptrend.

CVGW stock chart on July 18 2023 with a Symmetrical Triangle Breakout chart pattern — CVGW stock chart on July 18, 2023, with a Symmetrical Triangle Breakout chart pattern

Calavo Growers Inc. is a global leader in the production and distribution of fresh avocados, as well as other perishable food products. The company primarily operates in three business segments: 1. Fresh Products: Calavo grows, packs, and distributes fresh avocados to retail, foodservice, and wholesale customers worldwide. They offer a wide variety of avocado products, including conventional and organic avocados, ripe and ready-to-eat avocados, as well as value-added avocado products such as guacamole and avocado salsa. 2. Renaissance Food Group (RFG): RFG is Calavo’s subsidiary that focuses on creating and distributing fresh, high-quality, and healthy food products. RFG offers a range of fresh prepared foods, including refrigerated salads, salsa, hummus, dips, and fresh-cut fruits and vegetables. 3. Calavo Foods: This segment specializes in manufacturing and distributing processed avocado products, such as frozen avocado pulp and slices, as well as canned and dehydrated avocado products. Calavo Foods serves both foodservice and retail customers. In addition to its core business, Calavo Growers also provides logistics services to its customers through its subsidiary, Calavo Logistics. They offer transportation, warehousing, and other related services to ensure the efficient and timely delivery of their products. Overall, Calavo Growers Inc. is focused on growing, processing, and distributing high-quality avocados and perishable food products to meet the increasing global demand for healthy and fresh food options.