Mondelez International (NASDAQ:MDLZ) has tumbled 2.18% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.57% in the last four weeks. The stocks have underperformed the S&P 500 by 1% during the past week but Mondelez International (NASDAQ:MDLZ) it has outperformed the index in 4 weeks by 0.64%.
Mondelez International (NASDAQ:MDLZ): The stock opened at $44.23 on Friday but the bulls could not build on the opening and the stock topped out at $44.23 for the day. The stock traded down to $43.61 during the day, due to lack of any buying support eventually closed down at $44.04 with a loss of -0.43% for the day. The stock had closed at $44.23 on the previous day. The total traded volume was 9,147,483 shares.
The company shares have rallied 7.28% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $48.58 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $44.27 and the 200 Day Moving Average price is recorded at $42.43.
On the companys insider trading activities, Booth Lewis W K, director of Mondelez International, Inc. had purchased 5,430 shares on February 17, 2016 in a transaction. The price per share was $39.37 and the total amount of the disclosed transaction was $213,779.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Currently the company Insiders own 3.9% of Mondelez International shares according to the proxy statements. Institutional Investors own 77.15% of Mondelez International shares. During last six month period, the net percent change held by insiders has seen a change of 24.15%.
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.