Tupperware Brands Corporation (NYSE:TUP) stock observed trading -87.67% off 52-week high price. On the other end, the stock has been noted 152.17% away from low price over the last 52-weeks. The stock disclosed a move of 36.97% away from 50 day moving average and -67.24% away from 200 day moving average. Moving closer, we can see that shares have been trading 19.29% off 20-day moving average. It has market cap of $162.28M.
On May 08, 2020, Tupperware Brands Corporation (NYSE:TUP) released that the Compensation Committee of the Company’s Board of Directors (the Committee) approved an inducement equity award for recently hired new executive Marco Brandolini, Vice President, Commercial for Europe, the Middle East and Africa (EMEA).
The award was approved in order to induce Mr. Brandolini to enter into employment with the Company on May 4, 2020 and was granted outside of the Company’s stockholder approved equity incentive plan, in reliance on the employment inducement award exception under NYSE Listing Rule 303A.08. The Company is issuing this press release pursuant to the requirements of that rule.
Mr. Brandolini received a grant of restricted stock with a grant date of May 4, 2020 and a fair market value calculated using the closing share price on the date of grant of $200,000. The grant will vest in full on the third anniversary of grant.
The USA based company Tupperware Brands Corporation moved with change of 8.21% to $2.9 with the total traded volume of 2484154 shares in recent session versus to an average volume of 3.26M. The stock was observed in the 5 days activity at 2.84%. The one month performance of stock was 94.63%. TUP’s shares are at -55.45% for the quarter and driving a -87.03% return over the course of the past year and is now at -66.20% since this point in 2018. Right now the stock beta is 2.7. The average volatility for the week and month was at 13.15% and 18.86% respectively. There are 55.96M shares outstanding and 47.61M shares are floated in market.