Internationa Flavors & Fragrances (IFF) : Investors lapped up stocks on upticks to the tune of $17.32 million in the Mondays trading session. The trading value on downticks was comparatively at $7.51 million and the uptick to downtick ratio of 2.31 indicates continuous buying by the bulls. The net money flow into the stock was $9.81 million. Upticks saw transactions worth $11.06 clearly indicating buying by large investors. The total money flow for block trades stood at $11.06 million, which is a positive for the stock in the long-term. Internationa Flavors & Fragrances (IFF) fell $0.45 during the day at $135.59, a drop of -0.33% over the previous days close. However, for the week, the stock is 1.18%, compared to the previous week.
Shares of International Flavors & Fragrances Inc. rose by 2.4% in the last five trading days and 2.87% for the last 4 weeks. International Flavors & Fragrances Inc. is up 6.8% in the last 3-month period. Year-to-Date the stock performance stands at 14.64%.
Internationa Flavors & Fragrances (NYSE:IFF): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $136.00 and $135.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $136.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $135.89, notching a gain of 0.22% for the day. The total traded volume was 292,575 . The stock had closed at $135.59 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Mirzayantz Nicolas, officer (Group President Fragrance) of International Flavors & Fragrances Inc, had unloaded 3,880 shares at an average price of $132.11 in a transaction dated on July 18, 2016. The total value of the transaction was worth $512,587.
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.