Shares of McCormick & Company Incorporated (NYSE:MKC) traded at a new 52-week high today of $102.74. So far today approximately 365,000 shares have been exchanged, 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 $102.74 and is now at $102.33, which is 31% 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) defies analysts with a current price ($102.33) 1.8% above its average consensus price target of $100.52.
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