Shares of McDonalds Corporation (MCD) Sees Large Inflow of Net Money Flow

McDonalds Corporation (MCD): $24.49 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.22. The value of trades done on upticks was $136.9 million, whereas, trades done on downticks were valued at $112.41 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $45.91 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $16.58 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 2.77 was strongly in favor of the bulls. The money flow in block trades was $29.33 million. McDonalds Corporation (MCD) fell $1.7 traded at $115.18, a change of -1.45% over the previous day. The stock is -1.7% for the week.


McDonalds Corp. has dropped 1.5% in the last five trading days, however, the shares have posted positive gains of 0.58% in the last 4 weeks. McDonalds Corp. has dropped 2.86% during the last 3-month period . Year-to-Date the stock performance stands at -0.28%.

McDonalds Corporation (MCD) : Zacks Investment Research ranks McDonalds Corporation (MCD) as 2, which is a Buy recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 12 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 23 research analysts is 2.39, which indicates as a Buy.

McDonalds Corporation (NYSE:MCD): stock was range-bound between the intraday low of $114.46 and the intraday high of $116.53 after having opened at $116.38 on Wednesdays session. The stock finally closed in the red at $116.38, a loss of -1.45%. The stock remained in the red for the whole trading day. The total traded volume was 5,638,874 shares. The stock failed to cross $116.53 in Wednesdays trading. The stocks closing price on Thursday was $116.88.

McDonalds Corporation operates and franchises McDonalds restaurants. McDonalds global system comprises both Company-owned and franchised restaurants. The Company manages its business as distinct geographic segments: the United States (U.S.); Europe, and Asia/Pacific, Middle East and Africa (APMEA). The Companys operations in Canada and Latin America, as well as its Corporate activities are reported under Other Countries & Corporate. The Companys restaurants offer a substantially uniform menu, including hamburgers and cheeseburgers, Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, several chicken sandwiches, Chicken McNuggets, wraps, French fries, salads, oatmeal, shakes, McFlurry desserts, sundaes, soft serve cones, pies, soft drinks, coffee, McCafe beverages and other beverages. McDonalds franchised restaurants are owned and operated under one of the following structures: conventional franchise, developmental license or affiliate.

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.