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

McDonalds Corporation (MCD) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $24.43 million worth of transactions were on upticks, whereas, the downticks accounted for $23.24 million worth of transactions. The net money flow was a positive $1.19 million and the uptick to downtick ratio was 1.05. The net money flow into the stock was $0.1 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.1 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. McDonalds Corporation (MCD) was trading at $123.58, down $0.03 during day. The stock slid -0.02% over the previous days close. For the week, the stock recorded 1.87% over the previous weeks close.


McDonalds Corp. has dropped 3.21% during the last 3-month period . Year-to-Date the stock performance stands at 6.36%. Shares of McDonalds Corp. rose by 1.48% in the last five trading days and 1.09% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Mullens Brian, officer (Corp Sr Vice Pres – Controller) of Mcdonalds Corp, had unloaded 845 shares at an average price of $128.93 in a transaction dated on May 3, 2016. The total value of the transaction was worth $108,946.

McDonalds Corporation (NYSE:MCD): stock turned positive on Monday. Though the stock opened at $124, the bulls momentum made the stock top out at $124 level for the day. The stock recorded a low of $123.39 and closed the trading day at $123.8, in the green by 0.15%. The total traded volume for the day was 5,254,727. The stock had closed at $123.61 in the previous days trading.

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.