Shares of The Kraft Heinz Company (KHC) Sees Large Inflow of Net Money Flow

The Kraft Heinz Company (KHC) witnessed a selling pressure and the shares last traded with a loss of -0.88 points or -0.99% at $88.41. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $11.96 million with an inflow of $38.24 million in upticks and an outflow of $26.28 million in downticks. Using the data, the up/down ratio is found to be 1.46. The share price has recorded -1.14% on a weekly basis.A block trade of $15.7 million in uptick and $3.09 million in downtick was also observed, resulting in an up/down ratio of 5.07. The net money flow of the block trade stood at a $12.6, signaling heavy buying.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

The Kraft Heinz Company has dropped 0.48% in the last five trading days, however, the shares have posted positive gains of 1.25% in the last 4 weeks. The Kraft Heinz Company is up 0.11% in the last 3-month period. Year-to-Date the stock performance stands at 1.25%. The Kraft Heinz Company (NASDAQ:KHC) witnessed a decline in the market cap on Wednesday as its shares dropped 0.99% or 0.88 points. After the session commenced at $88.89, the stock reached the higher end at $89.335 while it hit a low of $88.3075. With the volume soaring to 1,816,784 shares, the last trade was called at $88.41. The company has a 52-week high of $90.54. The company has a market cap of $107,619 million and there are 1,217,270,220 shares in outstanding. The 52-week low of the share price is $70.01.

Company has reported several Insider transactions to the SEC, on Nov 20, 2015, Jeanne P Jackson (director) purchased 4,330 shares at 75.40 per share price.

Kraft Heinz Co Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.74. The company had revenue of $6267.00 million for the quarter, compared to analysts expectations of $6296.95 million. The companys revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Kraft Heinz Co was Upgraded by Citigroup to Neutral on Jan 11, 2017.

The Kraft Heinz Company is a food and beverage company. The Companys brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta. The Kraft Heinz Company formerly known as Kraft Foods Group, Inc., is based in PITTSBURGH, United States.


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