Shares of Internationa Flavors & Fragrances (NYSE:IFF) Sees Large Outflow of Money

Internationa Flavors & Fragrances (NYSE:IFF) traded on a positive note gaining 0.37 points or 0.29% to be valued at $127.37 per share. Intraday, the shares aggregated $1.75 million in upticks but saw an exodus of $3.27 million in downticks. The net money flow was calculated to be $(-1.51) million with the final up/down ratio coming in at 0.54. The share price has seen a change of 1.49% in value during the week.


The stock has recorded a 20-day Moving Average of 0.78% and the 50-Day Moving Average is 2.31%. The company shares have rallied 12.18% in the past 52 Weeks. On June 8, 2016 The shares registered one year high of $131.3 and one year low was seen on February 11, 2016 at $97.24. The 50-day moving average is $126.31 and the 200 day moving average is recorded at $117.72. S&P 500 has rallied 1.93% during the last 52-weeks.

Internationa Flavors & Fragrances (NYSE:IFF): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $127.59 and $127.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $127.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $127.28, notching a gain of 0.22% for the day. The total traded volume was 431,882 . The stock had closed at $127.00 on the previous day.

Currently the company Insiders own 0.55% of Internationa Flavors & Fragrances shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.53% . Institutional Investors own 83.78% of Internationa Flavors & Fragrances shares. During last six month period, the net percent change held by insiders has seen a change of -6.53%. On the companys insider trading activities,The officer (Group President Fragrance) of International Flavors & Fragrances Inc, Mirzayantz Nicolas sold 3,880 shares at $125.15 on June 16, 2016. The Insider selling transaction had a total value worth of $485,582. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

International Flavors & Fragrances Inc. (IFF) creates, manufactures and supplies flavors and fragrances for the food, beverage, personal care and household products industries either in the form of compounds or individual ingredients. The company operates in two segments: Flavors and Fragrances. Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products. Fragrances segment offers fragrance compounds, including fine and fragrance ingredients. The Companys products are sold principally to manufacturers of perfumes and cosmetics, hair and other personal care products, soaps and detergents, cleaning products, dairy, meat and other processed foods, beverages, snacks and savory foods, sweet and baked goods, and pharmaceutical and oral care products.

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