Large Outflow of Money Witnessed in Mead Johnson Nutrition Company

Mead Johnson Nutrition Company (MJN) : Wednesdays money flow analysis of Mead Johnson Nutrition Company (MJN) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $10.77 million. In comparison, the inflow of money on upticks was a meager $9.39 million. The dollar value of composite uptick trades minus the downtick trades was negative $1.38 million. The uptick to downtick ratio of 0.87 in the money flow shows weakness. The downtick transaction value was high at $1.9 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($1.9 million). Mead Johnson Nutrition Company (MJN) gained $0.91 at $77.69, a change of 1.19% over the previous days close.

Mead

Shares of Mead Johnson Nutrition Company appreciated by 0.22% during the last five trading days but lost 5.93% on a 4-week basis. Mead Johnson Nutrition Company has dropped 10.18% during the last 3-month period . Year-to-Date the stock performance stands at 0.76%.

Mead Johnson Nutrition Company (MJN) : 11 analysts are covering Mead Johnson Nutrition Company (MJN) and their average rating on the stock is 2.36, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Mead Johnson Nutrition Company (MJN) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Mead Johnson Nutrition Company (NYSE:MJN): The stock opened at $77.14 and touched an intraday high of $78.35 on Wednesday. During the day, the stock corrected to an intraday low of $76.63, however, the bulls stepped in and pushed the price higher to close in the green at $78.31 with a gain of 1.99% for the day. The total traded volume for the day was 1,674,758. The stock had closed at $76.78 in the previous trading session.

Mead Johnson Nutrition Company (Mead Johnson) is a global pediatric nutrition company. The Company manufactures, distributes and sells infant formulas, childrens nutrition and other nutritional products. Its product portfolio includes routine and specialty infant formulas, childrens milks and milk modifiers, dietary supplements for pregnant and breastfeeding mothers, pediatric vitamins, and products for pediatric metabolic disorders. The Company operates through three segments: Asia, Latin America and North America/Europe. The Companys Enfa family of brands, including Enfamil infant formula, is a brand franchise in pediatric nutrition. Its product portfolio addresses a range of nutritional needs for infants, children and expectant and nursing mothers. The Company markets its portfolio of more than 70 products to mothers, healthcare professionals and retailers in more than 50 countries in Asia, North America, Latin America and Europe.

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