McCormick & Company Incorporated (NYSE:MKC) traded at a new 52-week high today of $99.64. Approximately 515,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.
In the past 52 weeks, shares of McCormick & Company Incorporated have traded between a low of $77.85 and a high of $99.64 and is now at $98.69, which is 27% above that low price.
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.
McCormick & Company Incorporated (NYSE:MKC) is currently priced 2.0% above its average consensus analyst price target of $96.74.
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