Large Outflow of Money Witnessed in Internationa Flavors & Fragrances

Internationa Flavors & Fragrances (IFF) : The total negative money flow of $4.5 million on Wednesday indicates selling on strength. The inflow of money on upticks was $6.61 million, compared to $11.11 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.59. The negative money flow of $3.35 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $3.35 million. The price action in the Internationa Flavors & Fragrances (IFF) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $141.59 with a gain of $0.32 , a change of 0.23% over the previous days close. The stock registered 0.49% for the week.


Shares of International Flavors & Fragrances Inc. rose by 1.1% in the last five trading days and 3.78% for the last 4 weeks. International Flavors & Fragrances Inc. is up 15.21% in the last 3-month period. Year-to-Date the stock performance stands at 20.35%.

Internationa Flavors & Fragrances (IFF) has an average broker rating of 2.5, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Internationa Flavors & Fragrances (NYSE:IFF): The stock opened at $141.65 and touched an intraday high of $142.12 on Wednesday. During the day, the stock corrected to an intraday low of $140.6, however, the bulls stepped in and pushed the price higher to close in the green at $142 with a gain of 0.52% for the day. The total traded volume for the day was 357,650. The stock had closed at $141.27 in the previous trading session.

International Flavors & Fragrances Inc. (IFF) creates, manufactures and supplies flavors and fragrances for the food, beverage, personal care and household products industries either in the form of compounds or individual ingredients. The company operates in two segments: Flavors and Fragrances. Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products. Fragrances segment offers fragrance compounds, including fine and fragrance ingredients. The Companys products are sold principally to manufacturers of perfumes and cosmetics, hair and other personal care products, soaps and detergents, cleaning products, dairy, meat and other processed foods, beverages, snacks and savory foods, sweet and baked goods, and pharmaceutical and oral care products.

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