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Shares of Mondelez Inter-A Rise Above Previous 52-Week High

By Nick Russo

Shares of Mondelez Inter-A (NASDAQ:MDLZ) traded today at $50.28, breaking its 52-week high. So far today approximately 999,000 shares have been exchanged, as compared to an average 30-day volume of 6.5 million shares.

In the past 52 weeks, Mondelez Inter-A share prices have been bracketed by a low of $37.42 and a high of $50.28 and are now at $50.22, 34% above that low price. The 200-day and 50-day moving averages have moved 0.49% higher and 1.23% higher over the past week, respectively.

Mondelez International Inc. is a food and beverage company. The Company manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products. Mondelez International sells its products throughout the world.

Mondelez Inter-A (NASDAQ:MDLZ) defies analysts with a current price ($50.22) 3.2% above its average consensus price target of $48.63. Mondelez Inter-A shares have support at the 50-day moving average (MA) of $48.04 and additional support at the 200-day MA of $43.96.

SmarTrend is tracking the current trend status for Mondelez Inter-A and will alert subscribers who have MDLZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows mondelez inter-a

Ticker(s): MDLZ