Shares of Mondelez International (MDLZ) Sees Large Outflow of Money

Mondelez International (MDLZ) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (4.24 million) in Mondelez International (MDLZ). On Tuesday, The value of composite uptick trades was $104.33 million, whereas, the value of composite downtick trades was $108.57 million and the ratio between the two was 0.96, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $40.3 million. $32.02 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.79. The negative money flow of ($8.28 million) shows selling on strength. Mondelez International (MDLZ) gained $1.7 intraday at $44.74 and registrered 3.95% for the week.


Also, Societe Generale downgrades their rating on the shares of Mondelez International (NASDAQ:MDLZ). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on July 28, 2016.

Shares of Mondelez International, Inc. rose by 3.54% in the last five trading days and 2.9% for the last 4 weeks. Mondelez International, Inc. is up 0.21% in the last 3-month period. Year-to-Date the stock performance stands at 0.62%.

Mondelez International (NASDAQ:MDLZ): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.85 and $44.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.74, notching a gain of 3.95% for the day. The total traded volume was 14,198,395 . The stock had closed at $43.04 on the previous day.

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.

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