Large Inflow of Money Witnessed in General Mills

General Mills (GIS) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $64.29 million worth of transactions were on upticks, whereas, the downticks accounted for $43.01 million worth of transactions. The net money flow was a positive $21.28 million and the uptick to downtick ratio was 1.49. The net money flow into the stock was $22.57 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $22.57 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. General Mills (GIS) was trading at $72.02, down $0.06 during day. The stock slid -0.08% over the previous days close. For the week, the stock recorded 0.11% over the previous weeks close.


General Mills (GIS) : Currently there are 9 street experts covering General Mills (GIS) stock. The most bullish and bearish price target for the stock is $70 and $59 respectively for the short term. The average price target of all the analysts comes to $63.11. The estimated standard deviation from the target is $3.48. The stock has recorded a 20-day Moving Average of 7.41% and the 50-Day Moving Average is 11.7%.

General Mills (NYSE:GIS): The stock opened at $72.44 on Thursday but the bulls could not build on the opening and the stock topped out at $72.77 for the day. The stock traded down to $71.77 during the day, due to lack of any buying support eventually closed down at $72.02 with a loss of -0.08% for the day. The stock had closed at $72.08 on the previous day. The total traded volume was 4,383,870 shares.

General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S. Retail, International, and Convenience Stores and Foodservice. The Company offers a range of food products with a focus on five categories: ready-to-eat cereal; convenient meals, including meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast and frozen entrees; snacks, including grain, fruit and savory snacks, nutrition bars and frozen hot snacks; yogurt, and super-premium ice cream. The Companys other product categories include baking mixes and ingredients; refrigerated and frozen dough, and frozen and shelf-stable vegetables. The Company has 50% interests in two joint ventures that manufacture and market food products.

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