Mondelez International (MDLZ) : During the past 4 weeks, traders have been relatively bearish on Mondelez International (MDLZ), hence the stock is down -4.96% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.24% relative to the S&P 500. The 4-week change in the price of the stock is -4.6% and the stock has fallen -0.27% in the past 1 week.
Mondelez International, Inc. has dropped 0.29% during the last 3-month period . Year-to-Date the stock performance stands at -3.17%. The stock has recorded a 20-day Moving Average of 1.28% and the 50-Day Moving Average is 2.51%.
Mondelez International (NASDAQ:MDLZ): The stock opened at $43.07 on Friday but the bulls could not build on the opening and the stock topped out at $43.28 for the day. The stock traded down to $42.83 during the day, due to lack of any buying support eventually closed down at $43.06 with a loss of -0.40% for the day. The stock had closed at $43.23 on the previous day. The total traded volume was 4,704,483 shares.
Also, Societe Generale downgrades its view on Mondelez International (NASDAQ:MDLZ) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on July 28, 2016.
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.