Large Outflow of Money Witnessed in McDonalds Corporation

McDonalds Corporation (MCD) : The total negative money flow of $30.62 million on Friday indicates selling on strength. The inflow of money on upticks was $55.53 million, compared to $86.16 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.64. The negative money flow of $31.51 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $3.62 million in a block trade.The transaction value of block trade on downtick was $35.13 million. The uptick to downtick ratio was 0.1. The price action in the McDonalds Corporation (MCD) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $115.83 with a gain of $0.43 , a change of 0.37% over the previous days close. The stock registered 1.21% for the week.


The company Insiders own 0.28% of McDonalds Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -37.46% . Institutional Investors own 69.53% of McDonalds Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -37.78%.

In a related news, Mullens Brian, officer (Corp Sr Vice Pres – Controller) of Mcdonalds Corp, unloaded 845 shares at an average price of $128.93 on May 3, 2016. The total amount of the transaction was worth $108,946, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

McDonalds Corporation (NYSE:MCD): The stock opened at $115.93 and touched an intraday high of $116.11 on Friday. During the day, the stock corrected to an intraday low of $115.695, however, the bulls stepped in and pushed the price higher to close in the green at $115.83 with a gain of 0.37% for the day. The total traded volume for the day was 3,410,123. The stock had closed at $115.4 in the previous trading session.

McDonalds Corporation (MCD) has been under a strong bear grip, hence the stock is down -2.71% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.71% in the past 1 week. The stock has risen by 1.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.84% in the past 4 weeks.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.