Shares of Mondelez International (MDLZ) Sees Large Outflow of Money

Mondelez International (MDLZ) : Net money flow in Mondelez International (MDLZ) was negative ($9.94 million) and the inflow of money on uptick was $9.73 million, whereas, the outflow of money on downticks amounted to $19.67 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.49. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $10.08 million. The money flow in block trades was negative ($10.08). Mondelez International (MDLZ) gained $0.05 cent during the day and reached $45.25, a gain of 0.11% over the previous day.


Mondelez International (MDLZ) : Average target price received by Mondelez International (MDLZ) is $49.2 with an expected standard deviation of $4.47. The most aggressive target on the stock is $60, whereas the most downbeat target is $44. 10 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 2.66% and the 50-Day Moving Average is 2.75%.

Mondelez International (NASDAQ:MDLZ): The stock opened at $45.15 on Thursday but the bulls could not build on the opening and the stock topped out at $45.58 for the day. The stock traded down to $44.84 during the day, due to lack of any buying support eventually closed down at $45.17 with a loss of -0.07% for the day. The stock had closed at $45.20 on the previous day. The total traded volume was 6,842,146 shares.

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.

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.