Should You Sell McCormick & Co., Inc. (MKC) And Go Away This Year?

McCormick & Co., Inc. (NYSE:MKC) currently has a daily average trading volume of 2.00M but it saw 1766954 shares traded in last market. With a market cap of 20.01B USD, the company’s current market price of $74.55 came falling about -1.99 while comparing to the previous closing price of $76.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $94.39 and as low as $59.13.

Taking a look at 20-day trading activity of McCormick & Co., Inc. (MKC) gives us an average price of $74.47, while its current price level is -21.02% below from 52-week high level whereas it is 26.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $71.93 while that of 200 days or SMA-200 reads an average of $71.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.65% during that period while stretching the period over a month that increases to 1.75%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.21 which implies that the stock is in neutral territory.

Over the week, MKC’s stock price is moving -1.71% down while it is -4.75% when we observe its performance for the past one month. Year-to-date it is 8.96% up and over the past year, the stock is showing a downside performance of -15.68%.

Currently, McCormick & Co., Inc.’s total number of outstanding shares is 251.30M. Company’s return on investment (ROI) stands at 8.26% and return on equity (ROE) at 14.01%. It has a price to earnings ratio (P/E ratio) of 28.42 while having a 24.26 of forward P/E ratio. Stock’s beta reads 0.72. Stock has a price to book (P/B) ratio of 3.82 while price to sale or P/S ratio amounts to 2.99. Its return on asset (ROA) is 5.42% on average.