(VIANEWS) – Shares of McCormick & Company (NYSE: MKC) rose by a staggering 11.1% to $82.28 at 10:16 EST on Tuesday, after four consecutive sessions in a row of gains. NYSE is jumping 0.39% to $14,952.33, after two consecutive sessions in a row of gains. This seems, at the moment, a somewhat positive trend trading session today.
McCormick & Company’s last close was $74.06, 29.59% under its 52-week high of $105.19.
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, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden 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. McCormick & Company, Incorporated 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 $2.84.
PE Ratio
McCormick & Company has a trailing twelve months price to earnings ratio of 28.98. Meaning, the purchaser of the share is investing $28.98 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 14.95%.
Volume
Today’s last reported volume for McCormick & Company is 1228400 which is 9.27% below its average volume of 1353950.
Moving Average
McCormick & Company’s value is way higher than its 50-day moving average of $74.71 and above its 200-day moving average of $80.71.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, McCormick & Company’s stock is considered to be oversold (<=20).
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