The Kraft Heinz Company (KHC) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($22.66 million) and the uptick to downtick ratio was 0.57. The transaction value on upticks was $29.93 million and on downticks, the transaction value was $52.59 million. In block trades, the transaction value of inflow done during uptick was $5.39 million. The transaction value of block trades during downticks was $26.38 million. The uptick to downtick block trade ratio was 0.2. The money flow was negative ($20.99 million), indicating the traders were booking profit on the price strength. The Kraft Heinz Company (KHC) rose $0.52 at $88.16, during intraday Friday , a rise of 0.59% over the previous days close.
The Kraft Heinz Company (KHC) : The most positive equity analysts on The Kraft Heinz Company (KHC) expects the shares to touch $98, whereas, the least positive believes that the stock will trade at $83 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $91 with an expected fluctuation of $4.45 from the mean.
The Kraft Heinz Company (NASDAQ:KHC): stock turned positive on Friday. Though the stock opened at $88.02, the bulls momentum made the stock top out at $88.49 level for the day. The stock recorded a low of $87.815 and closed the trading day at $88.16, in the green by 0.59%. The total traded volume for the day was 2,022,941. The stock had closed at $87.64 in the previous days trading.
In a related news, Jackson Jeanne P, director of Kraft Heinz Co, executed a transaction worth $326,482 on October 28, 2015. A total of 4,330 shares were purchased at an average price of $75.4. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
The Kraft Heinz Company, formerly H.J. Heinz Holding Corporation, is a food and beverage company. The Company provides taste and nutrition foods for all eating occasions. The Companys brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.