Large Outflow of Money Witnessed in Hershey Company (The)

Hershey Company (The) (HSY) : Money flow in the Hershey Company (The) (HSY) stock was negative (1.52 million) on Monday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $0.66 million, compared to $2.18 million on downticks. The total uptick to downtick ratio was 0.3, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($1.68 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $1.68 million, indicating persistent selling. Hershey Company (The) (HSY) traded $0.04 higher at $110.7 gaining 0.04% over the previous days close.


The Hershey Company is up 17.05% in the last 3-month period. Year-to-Date the stock performance stands at 24.11%. The Hershey Company has dropped 0.7% in the last five trading days, however, the shares have posted positive gains of 13.01% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Buck Michele, Officer (Evp, Chief Operating Officer) of HERSHEY CO, had unloaded 13,500 shares at an average price of $108.7 in a transaction dated on June 30, 2016. The total value of the transaction was worth $1,467,450.

Hershey Company (The) (NYSE:HSY): On Mondays trading session , Opening price of the stock was $110.39 with an intraday high of $110.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $108.98. However, the stock managed to close at $109.37, a loss of 1.17% for the day. On the previous day, the stock had closed at $110.66. The total traded volume of the day was 756,620 shares.

The Hershey Company (Hershey) is a provider of chocolate and sugar confectionery. The Companys principal confectionery offerings include chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings and beverages; snack items, such as spreads, and gum and mint refreshment products. The Company operates through two segments: North America and International and Other. The North America segment is responsible for its chocolate and sugar confectionery business in the United States and Canada. The International and Other segment includes all other countries where the Company manufactures, imports, markets, sells or distributes chocolate, sugar confectionery and other products. This includes operations in Asia, Latin America, Europe, Africa and the Middle East, along with exports to these regions. This segment also includes its global retail operations, including Hersheys Chocolate World stores.

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