Shares of Pepsico (PEP) Sees Large Outflow of Money

Pepsico (PEP): The stock had negative money flow to the tune of ($22.18 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $213.95 million, whereas, the outflow of money on downticks was $236.14 million and the ratio between the two was 0.91. The block trade had a negative net money flow of ($25.22 million). The total block trade value undertaken on upticks was $38.77 million. On the other hand, downticks amounted to $63.99 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.61. Pepsico (PEP) closed with marginal gains of 157 cents to end the day at $107.49, an increase of 1.48% over the previous days close. The stock recorded 1.76% for the week.


Pepsico (PEP) stock is expected to deviate a maximum of $5.43 from the average target price of $113.8 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $119 and the most muted being $100. The stock has recorded a 20-day Moving Average of 3.58% and the 50-Day Moving Average is 4.5%.

Pepsico (NYSE:PEP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $108.53 and $107.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $109.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $107.49, notching a gain of 1.48% for the day. The total traded volume was 9,912,764 . The stock had closed at $105.92 on the previous day.

PepsiCo, Inc. (PepsiCo) is a global food and beverage company. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America Foods (LAF), which includes its food and snack businesses in Latin America; PepsiCo Americas Beverages (PAB), which includes its North American and Latin American beverage businesses; PepsiCo Europe (Europe), which includes beverage, food and snack businesses in Europe and South Africa, and PepsiCo Asia, Middle East and Africa (AMEA), which includes beverage, food and snack businesses in AMEA, excluding South Africa. Through its operations, bottlers, contract manufacturers and other third-parties, the Company manufactures, markets, distributes and sells a variety of beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.

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