Ingredion Incorporated (INGR) : On Wednesday, The money flowed into the Ingredion Incorporated (INGR) stock with an uptick to downtick ratio was recorded at 1.65. Transactions worth $6.9 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $4.18 million. The total money flow into the stock was $2.71 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.92 million of block transactions on upticks. The total money flow in block trades was $1.92 million. In terms of price action, Ingredion Incorporated (INGR) traded down $0.08 during the session at $129.6. Compared to the previous days closing, the stock was down only by -0.06%. For the week, the stock is 0.25%, over previous weeks closing.
Shares of Ingredion Incorporated appreciated by 0.35% during the last five trading days but lost 4.29% on a 4-week basis. Ingredion Incorporated is up 5.56% in the last 3-month period. Year-to-Date the stock performance stands at 37.3%.
Ingredion Incorporated (INGR) : 2 analysts are covering Ingredion Incorporated (INGR) and their average rating on the stock is 2, which is read as a Buy. 1 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. 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. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Ingredion Incorporated (NYSE:INGR): The stock opened at $130 and touched an intraday high of $130.64 on Wednesday. During the day, the stock corrected to an intraday low of $129.52, however, the bulls stepped in and pushed the price higher to close in the green at $130.55 with a gain of 0.67% for the day. The total traded volume for the day was 385,246. The stock had closed at $129.68 in the previous trading session.
Ingredion Incorporated is a manufacturer and supplier of starch and sweetener ingredients to a range of industries, including packaged food, beverage, brewing, industrial, pharmaceutical and personal care customers. The Company operates in four business segments: North America, South America, Asia Pacific and EMEA. North America segment consists of operations in the United States, Canada and Mexico and produces a range of both sweeteners and starches. South America segment includes 11 plants that produce regular, modified, waxy and tapioca starches, fructose and maltose syrups and syrup solids, dextrins and maltodextrins, dextrose, specialty starches, caramel color, sorbitol and vegetable adhesives. Asia Pacific segment manufactures corn-based products in South Korea, Australia and China and tapioca-based products in Thailand. EMEA segment includes five plants that produce modified and specialty starches, glucose and dextrose in England, Germany and Pakistan.