McCormick & Co., Inc (NYSE:MKC) currently has a daily average trading volume of 2.35M but it saw 1606384 shares traded in last market. With a market cap of 20.12B USD, the company’s current market price of $74.96 came rising about 0.31 while comparing to the previous closing price of $74.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $86.24 and as low as $66.88.
Taking a look at 20-day trading activity of McCormick & Co., Inc (MKC) gives us an average price of $75.46, while its current price level is -13.08% below from 52-week high level whereas it is 12.08% 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 $78.74 while that of 200 days or SMA-200 reads an average of $78.46. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.64% during that period while stretching the period over a month that increases to 2.81%. 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 44.71 which implies that the stock is in neutral territory.
TD Cowen upgraded its recommendation for the stock as a “Buy” from “Hold” on January 08, 2025 while assigning a price target range of $86-$90. Jefferies issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $85 and $91.
Over the week, MKC’s stock price is moving -2.22% down while it is 1.41% when we observe its performance for the past one month. Year-to-date it is -1.68% down and over the past year, the stock is showing a downside performance of -0.65%.
Currently, McCormick & Co., Inc’s total number of outstanding shares is 252.68M with 0.02% of that held by the insiders while 88.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.21% and return on equity (ROE) at 14.73%. It has a price to earnings ratio (P/E ratio) of 25.73 while having a 22.59 of forward P/E ratio. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 3.71 while price to sale or P/S ratio amounts to 2.99. Its return on asset (ROA) is 6.09% on average.
