Large Inflow of Money Detected in Pepsico

Pepsico (PEP) : The money flow analysis of Pepsico (PEP) indicates a $45.07 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $51.99 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.15 and so was the total money flow at $6.92 million. The bulls lapped up $5.89 million worth of block trades on upticks. The money flow was $5.89 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Pepsico (PEP), pushing it down by -0.55% for the day. The stock slid $0.6 and traded at $108.93 during the day. Nonetheless, the stock is -0.67% over the previous weeks close.


Also, Equity Analysts at the Brokerage Firm, Goldman Sachs, maintains their rating on the shares of Pepsico (NYSE:PEP). Goldman Sachs has a Neutral rating on the shares. As per the latest research report, the brokerage house lowers the price target to $104 per share from a prior target of $105. The rating by the firm was issued on June 29, 2016.

Pepsico (NYSE:PEP): The stock opened at $109.86 on Wednesday but the bulls could not build on the opening and the stock topped out at $109.91 for the day. The stock traded down to $108.68 during the day, due to lack of any buying support eventually closed down at $108.92 with a loss of -0.56% for the day. The stock had closed at $109.53 on the previous day. The total traded volume was 3,021,759 shares.

The stock has recorded a 20-day Moving Average of 2.4% and the 50-Day Moving Average is 4.72%. In a related news, Narasimhan Laxman, officer (CEO, Latin America) of Pepsico Inc, unloaded 3,219 shares at an average price of $109.11 on July 13, 2016. The total amount of the transaction was worth $351,225, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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