McCormick & Co. manufactures, markets and distributes spices, seasoning mixes, condiments and other flavor products to the food industry- retailers, food manufacturers and foodservice businesses. Co. also is partner in a number of joint ventures that are involved in the manufacture and sale of flavor products. Co. operates in the following business segments: Consumer, in which Co. markets its products to customers and supplies private label items, also known as store brands; and Flavor Solutions, which provides a range of flavor solutions including seasoning blends, spices and herbs, condiments, coating systems, and compound flavors.
When researching a stock like McCormick, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from MKC Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for MKC stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the MKC 200 day moving average ("MKC 200 DMA"), while one of the most popular "shorter look-backs" is the MKC 50 day moving average ("MKC 50 DMA"). A chart showing both of these popular moving averages is shown on this page for McCormick. |
Free MKC Email Alerts:
Video: Technical Analysis