Mondelez International Inc. (NASDAQ:MDLZ) shares, rose in value, with the stock price up by 0.79% to the previous day’s close as strong demand from buyers drove the stock to $71.31.
Actively observing the price movement in the last trading, the stock closed the session at $70.75. The PE ratio was 19.70 over 12-month period. Referring to stock’s 52-week performance, its high was $78.59, and the low was $60.75. On the whole, MDLZ has fluctuated by 0.65% over the past month.
The company’s Forward Dividend Ratio is 1.66, with its dividend yield at 2.33%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MDLZ’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.38, with the price of MDLZ currently trading nearly 4.66% and 1.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.46, while the 7-day volatility ratio is showing 1.83% which for the 30-day chart, stands at 1.49%. Furthermore, Mondelez International Inc. (MDLZ)’s beta value is 0.56, and its average true range (ATR) is 1.11.
A comparison of Mondelez International Inc. (MDLZ) with its peers suggests the former has fared considerably weaker in the market. MDLZ showed an intraday change of 0.79% in last session, and over the past year, it shrunk by -0.70%%.
Data on historical trading for Mondelez International Inc. (NASDAQ:MDLZ) indicates that the trading volumes over the past 3 months, they’ve averaged 8.36 million. According to company’s latest data on outstanding shares, there are 1.35 billion shares outstanding.
Nearly 0.18% of Mondelez International Inc.’s shares belong to company insiders and institutional investors own 80.78% of the company’s shares. The stock has fallen by -1.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MDLZ stock heading into the next quarter.
