Shares of General Mills (NYSE:GIS) Sees Large Inflow of Net Money Flow

General Mills (NYSE:GIS) had a weak trading session and its shares were last down at $65.76, down -0.02% or -0.03 points. The trading data also revealed that the total net flow stood at $23.28 million as the shares had $42.22 million in upticks but lost $18.94 million in downticks. The up/down ratio was 2.23. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of 0.53% in the shares.The block trade data suggests an inflow of $26.14 million in upticks and an outflow of $2.31 million in downticks. The up/down ratio for the block stood at 11.31. The net money flow for this transaction was recorded at $23.83.

Shares of General Mills, Inc. rose by 0.61% in the last five trading days and 5.48% for the last 4 weeks. General Mills, Inc. is up 7.28% in the last 3-month period. Year-to-Date the stock performance stands at 15.86%.

Currently the company Insiders own 1.4% of General Mills shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.32% . Institutional Investors own 71.31% of General Mills shares. During last six month period, the net percent change held by insiders has seen a change of -5.32%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mulligan Donal L, officer (Executive Vice President) of General Mills Inc, had unloaded 45,968 shares at an average price of $64.5 in a transaction dated on May 12, 2016. The total value of the transaction was worth $2,964,936.

General Mills (NYSE:GIS) rose 0.05% or 0.03 points on Friday and made its way into the gainers of the day. After trading began at $65.63 the stock was seen hitting $65.82 as a peak level and $65.09 as the lowest level. The stock ended up at $65.81. The daily volume was measured at 3,331,338 shares. The 52-week high of the share price is $65.82 and the 52-week low is $47.43. The company has a market cap of $39,118 million.

General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S. Retail, International, and Convenience Stores and Foodservice. The Company offers a range of food products with a focus on five categories: ready-to-eat cereal; convenient meals, including meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast and frozen entrees; snacks, including grain, fruit and savory snacks, nutrition bars and frozen hot snacks; yogurt, and super-premium ice cream. The Companys other product categories include baking mixes and ingredients; refrigerated and frozen dough, and frozen and shelf-stable vegetables. The Company has 50% interests in two joint ventures that manufacture and market food products.

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.