Large Inflow of Money Detected in McCormick & Company Incorporated

McCormick & Company Incorporated (MKC) : Investors lapped up stocks on upticks to the tune of $12.63 million in the Mondays trading session. The trading value on downticks was comparatively at $6.42 million and the uptick to downtick ratio of 1.97 indicates continuous buying by the bulls. The net money flow into the stock was $6.21 million. Upticks saw transactions worth $6.65 clearly indicating buying by large investors. The total money flow for block trades stood at $6.65 million, which is a positive for the stock in the long-term. McCormick & Company Incorporated (MKC) fell $0.59 during the day at $101.19, a drop of -0.58% over the previous days close. However, for the week, the stock is 0.87%, compared to the previous week.


Shares of McCormick & Company, Incorporated appreciated by 0.47% during the last five trading days but lost 3.65% on a 4-week basis. McCormick & Company, Incorporated is up 2.84% in the last 3-month period. Year-to-Date the stock performance stands at 19.26%.

McCormick & Company Incorporated (NYSE:MKC): The stock opened at $101.65 on Monday but the bulls could not build on the opening and the stock topped out at $101.65 for the day. The stock traded down to $100.80 during the day, due to lack of any buying support eventually closed down at $101.19 with a loss of -0.58% for the day. The stock had closed at $101.78 on the previous day. The total traded volume was 396,005 shares.

In a related news,The director officer (Executive Vice President & CFO) of Mccormick & Co Inc, Stetz Gordon Mckenzie Jr sold 38,900 shares at $105.17 on July 13, 2016. The Insider selling transaction had a total value worth of $4,091,113. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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