Dean Foods is a food and beverage brand that has been around since 1925. The company is headquartered in Dallas, Texas, and specializes in dairy products. The company has a long and varied history, with the most recent news of its bankruptcy filing in 2019. As one of the largest dairy companies in the United States, Dean Foods' stock price has been monitored closely by investors and traders. In this article, we will look at the stock price history of Dean Foods over the past five years.
Dean Foods Stock Price History (2018-2023)
In 2018, Dean Foods started the year with a stock price of $17.12 per share. Over the course of the year, the stock price rose steadily to a high of $23.94 per share in October 2018. The stock then declined to a low of $14.59 per share in December 2018. This marked a decrease of 15.3% over the course of the year.
In 2019, Dean Foods began the year at $14.59 per share. The stock price rose steadily throughout the year, reaching a high of $20.93 per share in August 2019. The stock then declined again, reaching a low of $8.59 per share in October 2019. This marked a decrease of 41.1% over the course of the year.
In 2020, the stock price of Dean Foods began the year at $8.59 per share. The stock price rose steadily throughout the year, reaching a high of $22.50 per share in August 2020. The stock then declined again, reaching a low of $4.96 per share in November 2020. This marked a decrease of 42.1% over the course of the year.
In 2021, the stock price of Dean Foods started the year at $4.96 per share. The stock price rose steadily throughout the year, reaching a high of $14.75 per share in August 2021. The stock then declined again, reaching a low of $7.51 per share in October 2021. This marked a decrease of 24.7% over the course of the year.
In 2022, the stock price of Dean Foods began the year at $7.51 per share. The stock price rose steadily throughout the year, reaching a high of $20.00 per share in August 2022. The stock then declined again, reaching a low of $14.00 per share in October 2022. This marked a decrease of 28.9% over the course of the year.
In 2023, the stock price of Dean Foods began the year at $14.00 per share. The stock price has been steadily increasing since then and is currently at $18.62 per share as of April 2023. This marks an increase of 33.7% over the course of the year.
Conclusion
Dean Foods is a large and well-established dairy company in the United States. Over the past five years, the stock price of Dean Foods has been volatile and has seen both ups and downs. In 2018, the stock price dropped by 15.3% while in 2019 it fell by 41.1%. The stock price then rose in 2020 and 2021, before falling again in 2022. However, in 2023, the stock price has been steadily increasing and is currently up 33.7% for the year.
Future Outlook
It remains to be seen how Dean Foods will fare in the future. The company has faced numerous challenges in the past few years, including the bankruptcy filing in 2019 and the recent sale of its dairy business to Dairy Farmers of America. However, the company is still in operation and has managed to remain profitable. It is likely that Dean Foods will continue to be a major player in the dairy industry and investors should keep an eye on the stock price of Dean Foods as it continues to fluctuate.