Large Outflow of Money Witnessed in Mead Johnson Nutrition Company

Mead Johnson Nutrition Company (NYSE:MJN) surged 1.14% during the last session. The last traded price was up 0.97 points at $86.25. The data for the fund flow suggests that the net intraday money flow was $(-9.88) million. The fund value in upticks was recorded to be $14.22 million and in downticks, it was found to be $24.1 million. The up/down ratio for the day was measured to be 0.59. For the week, the shares have seen a percentage change of 2.94%.A block trade of $(-10.57) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $10.57 million. The block tradeoff had the up/down ratio of 0.

Shares of Mead Johnson Nutrition Company rose by 3.38% in the last five trading days and 4.79% for the last 4 weeks. Mead Johnson Nutrition Company is up 4.03% in the last 3-month period. Year-to-Date the stock performance stands at 10.32%.

Currently the company Insiders own 0.5% of Mead Johnson Nutrition Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -59.79% . Institutional Investors own 98.53% of Mead Johnson Nutrition Company shares. During last six month period, the net percent change held by insiders has seen a change of -59.79%. . On the companys insider trading activities,The officer (SVP and President, Asia) of Mead Johnson Nutrition Co, Stratton Christoper Richard sold 33,730 shares at $86.68 on May 2, 2016. The Insider selling transaction had a total value worth of $2,923,716. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Mead Johnson Nutrition Company (NYSE:MJN) rose 1.08% or 0.92 points on Friday and made its way into the gainers of the day. After trading began at $85.15 the stock was seen hitting $86.35 as a peak level and $84.8 as the lowest level. The stock ended up at $86.2. The daily volume was measured at 1,735,186 shares. The 52-week high of the share price is $93.07 and the 52-week low is $65.53. The company has a market cap of $16,090 million.

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.

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.