Shares of Mondelez International Inc. MDLZ traded at a new 12-month high today of $68.17. So far today approximately 652,000 shares have been exchanged, as compared to an average 30-day volume of 7.1 million shares.
Over the past year, Mondelez International Inc. has traded in a range of $52.91 to $68.17 and is now at $67.94, 28% above that low.
Mondelez has operated as an independent organization since its split from the former Kraft Foods North This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.
American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (48% of sales), chocolate (31%), gum/candy (10%), beverage (4%), and cheese and grocery (7%) aisles. Mondelez’s portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, Trident, and Cadbury, among others. The firm derives around one third of revenue from developing markets, nearly 40% from Europe, and the remainder from North America.
Mondelez International Inc. defies analysts with a current price ($67.94) 21.5% above its average consensus price target of $53.32.
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