McCormick & Company Already 6% Up, Almost Hour Before The Market Open

(VIANEWS) – The NYSE opens in less than hour and McCormick & Company‘s pre-market value is already 6.31% up.

McCormick & Company’s last close was $69.94, 25.9% below its 52-week high of $94.39.

The last session, NYSE ended with McCormick & Company (MKC) sliding 0.13% to $69.94. NYSE fell 0.19% to $18,077.15, after two consecutive sessions in a row of losses, on what was a somewhat down trend trading session.

About McCormick & Company

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Earnings Per Share

As for profitability, McCormick & Company has a trailing twelve months EPS of $2.52.

PE Ratio

McCormick & Company has a trailing twelve months price to earnings ratio of 27.75. Meaning, the purchaser of the share is investing $27.75 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.91%.

Volume

Today’s last reported volume for McCormick & Company is 4750986 which is 142.51% above its average volume of 1959050.

More news about McCormick & Company (MKC).

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