Mondelez International Inc. (NASDAQ:MDLZ) went up by 0.90% from its latest closing price compared to the recent 1-year high of $65.60. The company’s stock price has collected -1.54% of loss in the last five trading sessions. The Wall Street Journal reported on 09/07/21 that Corrections & Amplifications
Is It Worth Investing in Mondelez International Inc. (NASDAQ :MDLZ) Right Now?
Mondelez International Inc. (NASDAQ:MDLZ) scored a price-to-earnings ratio above its average ratio, recording 20.14 x from its present earnings ratio. Plus, the 36-month beta value for MDLZ is at 0.68. Opinions of the stock are interesting as 16 analysts out of 23 who provided ratings for Mondelez International Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $71.01, which is $10.01 above the current price. MDLZ currently public float of 1.39B and currently shorts hold a 0.97% ratio of that float. Today, the average trading volume of MDLZ was 5.95M shares.
MDLZ’s Market Performance
MDLZ stocks went down by -1.54% for the week, with a monthly drop of -2.60% and a quarterly performance of -4.73%, while its annual performance rate touched 5.60%. The volatility ratio for the week stands at 1.48% while the volatility levels for the past 30 days are set at 1.25% for Mondelez International Inc.. The simple moving average for the period of the last 20 days is -2.28% for MDLZ stocks with a simple moving average of 1.54% for the last 200 days.
Analysts’ Opinion of MDLZ
Many brokerage firms have already submitted their reports for MDLZ stocks, with Piper Sandler repeating the rating for MDLZ by listing it as a “Overweight.” The predicted price for MDLZ in the upcoming period, according to Piper Sandler is $71 based on the research report published on July 28th of the current year 2021.
Guggenheim, on the other hand, stated in their research note that they expect to see MDLZ reach a price target of $66, previously predicting the price at $63. The rating they have provided for MDLZ stocks is “Neutral” according to the report published on July 28th, 2021.
Citigroup gave a rating of “Buy” to MDLZ, setting the target price at $68 in the report published on November 18th of the previous year.
MDLZ Trading at -3.25% from the 50-Day Moving Average
After a stumble in the market that brought MDLZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.36% of loss for the given period.
Volatility was left at 1.25%, however, over the last 30 days, the volatility rate increased by 1.48%, as shares sank -4.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.72% lower at present.
During the last 5 trading sessions, MDLZ fell by -1.54%, which changed the moving average for the period of 200-days by +5.10% in comparison to the 20-day moving average, which settled at $62.06. In addition, Mondelez International Inc. saw 3.93% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at MDLZ starting from MAY PETER W, who sale 399,654 shares at the price of $61.99 back on Aug 30. After this action, MAY PETER W now owns 7,981,786 shares of Mondelez International Inc., valued at $24,776,030 using the latest closing price.
MAY PETER W, the Director of Mondelez International Inc., sale 79,346 shares at $62.06 during a trade that took place back on Aug 27, which means that MAY PETER W is holding 8,381,440 shares at $4,924,475 based on the most recent closing price.
Stock Fundamentals for MDLZ
Equity return is now at value 15.80, with 6.50 for asset returns.