Large Inflow of Money Witnessed in McDonalds Corporation

McDonalds Corporation (MCD) : $22.83 million worth of transactions were on upticks in McDonalds Corporation (MCD), compared to $15.14 million on downticks. The ratio between the two was 1.51, whereas, the net money flow stood at a healthy $7.69 million on Thursdays session. The consistent buying on upticks in the stock accounted for $8.93million worth of trades. The total money flow into the stock stood at $8.93 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.02%. The stock was trading at $120.61, with a drop of $0.02 over the previous days close. The stock recorded 0.17% for the week.


McDonalds Corporation (MCD) stock is expected to deviate a maximum of $13.76 from the average target price of $130 for the short term period. 16 Street Experts have initiated coverage on the stock with the most promising target being $145 and the most muted being $95. The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 2.25%.

McDonalds Corporation (NYSE:MCD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $120.89 and $120.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $121.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $120.92, notching a gain of 0.24% for the day. The total traded volume was 3,621,346 . The stock had closed at $120.63 on the previous day.

McDonalds Corporation operates and franchises McDonalds restaurants. McDonalds global system comprises both Company-owned and franchised restaurants. The Company manages its business as distinct geographic segments: the United States (U.S.); Europe, and Asia/Pacific, Middle East and Africa (APMEA). The Companys operations in Canada and Latin America, as well as its Corporate activities are reported under Other Countries & Corporate. The Companys restaurants offer a substantially uniform menu, including hamburgers and cheeseburgers, Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, several chicken sandwiches, Chicken McNuggets, wraps, French fries, salads, oatmeal, shakes, McFlurry desserts, sundaes, soft serve cones, pies, soft drinks, coffee, McCafe beverages and other beverages. McDonalds franchised restaurants are owned and operated under one of the following structures: conventional franchise, developmental license or affiliate.

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