Hershey Company (The) (HSY) : On Monday, The money flowed into the Hershey Company (The) (HSY) stock with an uptick to downtick ratio was recorded at 3.08. Transactions worth $36.77 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $11.95 million. The total money flow into the stock was $24.82 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $24 million of block transactions on upticks. The total money flow in block trades was $24 million. In terms of price action, Hershey Company (The) (HSY) traded down $0.01 during the session at $111.46. Compared to the previous days closing, the stock was down only by -0.01%. For the week, the stock is -0.17%, over previous weeks closing.
Shares of The Hershey Company rose by 1.02% in the last five trading days and 1.05% for the last 4 weeks. The Hershey Company is up 21.42% in the last 3-month period. Year-to-Date the stock performance stands at 26.89%.
Hershey Company (The) (NYSE:HSY): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $111.41 and $111.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $112.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $111.82, notching a gain of 0.31% for the day. The total traded volume was 1,116,101 . The stock had closed at $111.47 on the previous day.
In a related news, Wege D Michael, officer (SVP, GS, India, ME, Comm & CSR) of Hershey Co, unloaded 1,100 shares at an average price of $108.43 on July 15, 2016. The total amount of the transaction was worth $119,273, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
The Hershey Company (Hershey) is a provider of chocolate and sugar confectionery. The Companys principal confectionery offerings include chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings and beverages; snack items, such as spreads, and gum and mint refreshment products. The Company operates through two segments: North America and International and Other. The North America segment is responsible for its chocolate and sugar confectionery business in the United States and Canada. The International and Other segment includes all other countries where the Company manufactures, imports, markets, sells or distributes chocolate, sugar confectionery and other products. This includes operations in Asia, Latin America, Europe, Africa and the Middle East, along with exports to these regions. This segment also includes its global retail operations, including Hersheys Chocolate World stores.