Mondelez International Inc. (MDLZ) Rises 2.2%

Mondelez International Inc. (MDLZ) Rises 2.2%

Mondelez International Inc. is a Mondelez has operated as an independent organization following its split from the former Kraft Foods North American grocery business in October 2012.

Among the biggest risers on the S&P 500 on Thursday February 18 was Mondelez International Inc. ($MDLZ), popping some 2.2% to a price of $56.13 a share with some 9.47 million shares trading hands.

Starting the day trading at $54.66, Mondelez International Inc. reached an intraday high of $56.29 and hit intraday lows of $54.66. Shares gained $1.21 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 1.41 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $41.19 to $60.00.

Mondelez has operated as an independent organization following its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (44% of sales), chocolate (32%), gum/candy (13%), 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 just over one third of revenue from developing markets, a similar level from Europe, and the remainder from North America.

Mondelez International Inc. has its corporate headquarters located in Deerfield, IL and employs 80,000 people. Its market cap has now risen to $79.26 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 2.87, and P/FCF n/a.

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