Large Outflow of Money Witnessed in The Kraft Heinz Company

The Kraft Heinz Company (KHC): The stock had negative money flow to the tune of ($2.31 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $2.69 million, whereas, the outflow of money on downticks was $5 million and the ratio between the two was 0.54. The block trade had a negative net money flow of ($2.23 million). On the other hand, downticks amounted to $2.23 million of the traded value, which shows distribution in the stock by traders. The Kraft Heinz Company (KHC) closed with marginal gains of 9 cents to end the day at $89.32, an increase of 0.1% over the previous days close. The stock recorded 0.55% for the week.


Shares of The Kraft Heinz Company rose by 1.87% in the last five trading days and 1.11% for the last 4 weeks. The Kraft Heinz Company is up 4.71% in the last 3-month period. Year-to-Date the stock performance stands at 25.69%.

The Kraft Heinz Company (KHC) : 12 analysts are covering The Kraft Heinz Company (KHC) and their average rating on the stock is 1.54, which is read as a Buy. 8 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. The Kraft Heinz Company (KHC) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

The Kraft Heinz Company (NASDAQ:KHC): The stock opened at $89.58 and touched an intraday high of $89.62 on Wednesday. During the day, the stock corrected to an intraday low of $88.81, however, the bulls stepped in and pushed the price higher to close in the green at $89.55 with a gain of 0.36% for the day. The total traded volume for the day was 1,628,667. The stock had closed at $89.23 in the previous trading session.

The Kraft Heinz Company, formerly H.J. Heinz Holding Corporation, is a food and beverage company. The Company provides taste and nutrition foods for all eating occasions. The Companys brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.

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