Mondelez International (MDLZ) has been under a strong bear grip, hence the stock is down -1.89% 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 0.67% in the past 1 week. The stock has risen by 0.01% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.09% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.27% and the fifty day Moving Average is 2.24%. Mondelez International, Inc. has dropped 3.44% during the last three month period . Year-to-Date the stock performance stands at -3.16%.
Mondelez International (MDLZ) : Average target price received by Mondelez International (MDLZ) is $49.8 with an expected standard deviation of $4.18. The most aggressive target on the stock is $60, whereas the most downbeat target is $44. 10 financial analysts are currently covering the stock.
Mondelez International (NASDAQ:MDLZ): On Fridays trading session , Opening price of the stock was $43.16 with an intraday high of $43.56. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $42.91. However, the stock managed to close at $43.06, a loss of 0.05% for the day. On the previous day, the stock had closed at $43.08. The total traded volume of the day was 4,807,834 shares.
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.