Mondelez International (MDLZ) : $22.95 million worth of transactions were on upticks in Mondelez International (MDLZ), compared to $19.81 million on downticks. The ratio between the two was 1.16, whereas, the net money flow stood at a healthy $3.14 million on Fridays session.The block trades show a bullish bias with only $1.58 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $6.31million worth of trades. The up-down ratio between the uptick and downtick was 3.99, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $4.73 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.11%. The stock was trading at $45.13, with a drop of $0.05 over the previous days close. The stock recorded -0.57% for the week.
Mondelez International (MDLZ) : The consensus price target for Mondelez International (MDLZ) is $49.78 for the short term with a standard deviation of $4.41. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $44.
Mondelez International (NASDAQ:MDLZ): On Fridays trading session , Opening price of the stock was $45.41 with an intraday high of $45.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $45.085. However, the stock managed to close at $45.13, a loss of 0.11% for the day. On the previous day, the stock had closed at $45.18. The total traded volume of the day was 4,097,378 shares.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Mondelez International, Inc., Booth Lewis W K had purchased shares worth of $213,779 in a transaction dated on February 17, 2016. A total of 5,430 shares were purchased at a price of $39.37 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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.