Shares of McCormick & Company Incorporated (MKC) Sees Large Inflow of Net Money Flow

McCormick & Company Incorporated (MKC) : McCormick & Company Incorporated (MKC) had a healthy money flow of $9.32 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $22.57 million, whereas, investors only sold shares worth $13.25 million on downticks. The stock closed the day with an up-down ratio of 1.7.The money flow in the block trades to the tune of $9.73 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $9.73 million worth of transactions were on upticks. McCormick & Company Incorporated (MKC) stock slid $1.18 intraday and traded at 104.76, a change of -1.11% over previous days close. However, for the week, the company shares are -2.06% compared to previous weeks close.


The company Insiders own 13.7% of McCormick & Company Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -96.55% . Institutional Investors own 75.42% of McCormick & Company Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -96.55%. In an insider trading activity, The Securities and Exchange Commission has divulged that Little Patricia A, director of Mccormick & Co Inc, had unloaded 3,750 shares at an average price of $107.22 in a transaction dated on July 5, 2016. The total value of the transaction was worth $402,075.

McCormick & Company, Incorporated has dropped 1.76% in the last five trading days, however, the shares have posted positive gains of 5.38% in the last 4 weeks. McCormick & Company, Incorporated is up 6.35% in the last 3-month period. Year-to-Date the stock performance stands at 23.47%.

McCormick & Company Incorporated (NYSE:MKC): On Tuesdays trading session , Opening price of the stock was $105.77 with an intraday high of $106.04. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $104.64. However, the stock managed to close at $104.76, a loss of 1.11% for the day. On the previous day, the stock had closed at $105.94. The total traded volume of the day was 786,258 shares.

McCormick & Company, Incorporated manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry. The Company has two business segments: consumer and industrial. Under the Consumer segment, its brands in the Americas include McCormick, Lawrys and Club House. It also markets ethnic brands, such as Zatarains, Thai Kitchen and Simply Asia. In Europe, the Middle East and Africa (EMEA), its brands include the Ducros, Schwartz and Kamis brands of spices, herbs and seasonings, and a line of Vahine brand dessert items. In the Asia/Pacific region, it markets products under the McCormick and DaQiao brands. In Australia, it markets products under the McCormick brand. In India, its majority-owned joint venture owns and trades under the Kohinoor brand. In the industrial business segment, it offers seasoning blends, spices and herbs, condiments, coating systems and compound flavors to food manufacturers and foodservice customers.

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