McCormick & Company Incorporated (MKC) : During the past 4 weeks, traders have been relatively bearish on McCormick & Company Incorporated (MKC), hence the stock is down -3.95% 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 -0.86% relative to the S&P 500. The 4-week change in the price of the stock is -5.89% and the stock has fallen -0.33% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.62% and the 50-Day Moving Average is 5.99%.The 200 Day SMA reached 1.24% McCormick & Company, Incorporated has dropped 3.81% during the last 3-month period . Year-to-Date the stock performance stands at 12.98%.
McCormick & Company Incorporated (MKC) : 3 investment research analysts covering McCormick & Company Incorporated (MKC) have an average price target of $105.67 for the near short term. The highest target price given by the Brokerage Firm to the stock is $113 and the lowest target is $100 for the short term. Analysts expect the variance to be within $6.66 of the average price.
Company shares have received an average consensus rating of Hold for the current week McCormick & Company Incorporated (NYSE:MKC): stock was range-bound between the intraday low of $95.1 and the intraday high of $96.53 after having opened at $95.7 on Fridays session. The stock finally closed in the red at $95.7, a loss of -2.23%. The stock remained in the red for the whole trading day. The total traded volume was 1,348,245 shares. The stock failed to cross $96.53 in Fridays trading. The stocks closing price on Thursday was $95.86.
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.