Mondelez International Inc. (NASDAQ:MDLZ) price is hovering lower on Monday, April 15, dropping -1.11% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $66.69. The company’s P/E ratio in the trailing 12-month period read 18.22. Taking into account the 52-week price action we note that the stock hit a 52-week high of $78.59 and 52-week low of $60.75. The stock subtracted -7.06% on its value in the past month.
Mondelez International Inc., which has a market valuation of $88.80 billion. The company stock has a Forward Dividend ratio of 1.66, while the dividend yield is 2.52%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give MDLZ a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.21. The overview shows that MDLZ’s price is at present -5.15% off the SMA20 and -7.92% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 23.84, with weekly volatility standing at 1.32%. The indicator jumps to 1.36% when calculated based on the past 30 days. Mondelez International Inc. (NASDAQ:MDLZ)’s beta value is holding at 0.58, while the average true range (ATR) indicator is currently reading 1.03.
An analysis of the Mondelez International Inc. (NASDAQ:MDLZ) stock in terms of its daily trading volume indicates that the 3-month average is 7.87 million.
Current records show that the company has 1.35B in outstanding shares. The insiders’ percentage holdings are 0.18% of outstanding shares while the percentage share held by institutions stands at 80.82%. But the -8.95% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
