Mondelez International (MDLZ) has risen sharply, recording gains of 3.07% in the past 4 weeks. However, the stock has corrected -1.54% in the past 1 week, providing a good buying opportunity on dips. Mondelez International (MDLZ) : During the past 4 weeks, traders have been relatively bearish on Mondelez International (MDLZ), hence the stock is down -1.25% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.99% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 2.24% and the 50-Day Moving Average is 2.57%.
Mondelez International (NASDAQ:MDLZ): The stock opened at $45.35 on Friday but the bulls could not build on the opening and the stock topped out at $46.00 for the day. The stock traded down to $45.35 during the day, due to lack of any buying support eventually closed down at $45.39 with a loss of -0.63% for the day. The stock had closed at $45.68 on the previous day. The total traded volume was 10,023,451 shares.
The company Insiders own 3.9% of Mondelez International shares according to the proxy statements. Institutional Investors own 76.99% of Mondelez International shares. During last six month period, the net percent change held by insiders has seen a change of 24.15%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Mondelez International, Inc., Booth Lewis W K had purchased shares worth of $213,779 in a transaction dated on February 17, 2016. A total of 5,430 shares were purchased at a price of $39.37 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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.