Shares of McCormick & Company, Incorporated (MKC) Sees Large Inflow of Net Money Flow

McCormick & Company, Incorporated (MKC) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $94.55 with a loss of -1 points or -1.05%. The net money flow was $10.64 million and the up/down ratio was 1.85. Approximately $23.08 million was the inflow in upticks and $12.44 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -1.39%.The shares witnessed a block transaction with a net money flow of $9.86 million. The total money in uptick was $9.86 million and in downtick was $0 million with the up/down ratio reaching 0.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

McCormick & Company, Incorporated has dropped 1.29% in the last five trading days, however, the shares have posted positive gains of 1.31% in the last 4 weeks. McCormick & Company, Incorporated has dropped 0.88% during the last 3-month period . Year-to-Date the stock performance stands at 1.31%. McCormick & Company, Incorporated (NYSE:MKC) witnessed a decline in the market cap on Wednesday as its shares dropped 1.05% or 1 points. After the session commenced at $95.27, the stock reached the higher end at $95.65 while it hit a low of $94.25. With the volume soaring to 902,849 shares, the last trade was called at $94.55. The company has a 52-week high of $107.84. The company has a market cap of $11,837 million and there are 125,189,491 shares in outstanding. The 52-week low of the share price is $85.095.

Company has reported several Insider transactions to the SEC, on Oct 13, 2016, Freeman A Iii Hrabowski (director) sold 2,000 shares at 94.13 per share price.On Jul 14, 2016, Gordon Mckenzie Jr Stetz (Executive Vice President & CFO) sold 38,900 shares at 105.17 per share price.On Jul 6, 2016, Patricia A Little (director) sold 3,750 shares at 107.22 per share price.

McCormick & Company Incorporated Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $1.28. The company had revenue of $1227.00 million for the quarter, compared to analysts expectations of $1234.74 million. The companys revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 EPS.

McCormick & Company, a diversified specialty food company, is a global leader in the manufacture, marketing and distribution of spices, herbs, seasonings, flavorings and other specialty food products to the entire food industry. The company also, through subsidiary corporations, manufactures and markets specialty plastic bottles and tubes for food, personal care and other industries. The company operates in three business segments: consumer; industrial; and packaging.


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