Mondelez International (MDLZ) Shares are Down -1.61%

Mondelez International (MDLZ) : During the past 4 weeks, traders have been relatively bearish on Mondelez International (MDLZ), hence the stock is down -8.42% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.03% relative to the S&P 500. The 4-week change in the price of the stock is -6.14% and the stock has fallen -1.61% in the past 1 week.

Mondelez International (NASDAQ:MDLZ): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $42.76 and $42.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.27, notching a gain of 1.81% for the day. The total traded volume was 8,540,994 . The stock had closed at $42.50 on the previous day.

The stock has recorded a 20-day Moving Average of 3.42% and the 50-Day Moving Average is 2.68%. Mondelez International, Inc. has dropped 1.1% during the last 3-month period . Year-to-Date the stock performance stands at -2.68%.

Mondelez International (MDLZ) : The highest level Mondelez International (MDLZ) is projected to reach is $60 for the short term and the lowest estimate is at $44. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $49.8 and the possibility the share price can swing is $4.18.


Mondelez International, Inc. is a snack food and beverage company. The Company manufactures and markets snack food and beverage products for consumers in approximately 165 countries around the world. The Company offers its brands in five product categories: biscuits (including cookies, crackers and salted snacks); chocolate; gum and candy; beverages (including coffee and powdered beverages), and cheese and grocery. It has a portfolio of around 58 brands, which include nine billion dollar brands: LU, Nabisco and Oreo biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolates; Trident gum, and Jacobs coffee and Tang powdered beverages. It has operations in Latin America, Asia Pacific, Eastern Europe, Middle East, and Africa (EEMEA), Europe and North America. The Companys products are sold to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores and other retail food outlets.

Comments (0)

Leave a Reply

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