McCormick & Company Incorporated (NYSE:MKC) traded at a new 52-week high today of $101.71. Approximately 319,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.
McCormick & Company Incorporated share prices have moved between a 52-week high of $101.71 and a 52-week low of $77.85 and are now trading 31% above that low price at $101.64 per share.
In its 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. McCormick’s customer base includes top quick-service restaurants, retail grocery chains, and other packaged food manufacturers, with about 40% of sales generated beyond its home turf to include 150 other countries and territories. Beyond its namesake brand, the firm’s portfolio includes Old Bay, Zatarain’s, Thai Kitchen, Frank’s RedHot, French’s, and the recently acquired Cholula brand.
Based on a current price of $101.64, McCormick & Company Incorporated is currently 1.1% above its average consensus analyst price target of $100.52.
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