- MJN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $108.7 million.
- MJN has traded 1.1 million shares today.
- MJN traded in a range 368.1% of the normal price range with a price range of $4.32.
- MJN traded below its daily resistance level (quality: 356 days, meaning that the stock is crossing a resistance level set by the last 356 calendar days. The resistance price is defined by the Price - $0.01 at the time of the signal).
Stocks matching the 'Water-Logged and Getting Wetter' criteria are worthwhile stocks to watch for a variety of factors including historical back testing and volatility. Trade-Ideas targets these opportunities because the stock is exhibiting an unusual behavior while displaying negative price action. In this case, the stock crossed an important inflection point; namely, "support" while at the same time the range of the stock's movement in price is twice its normal size. This large range foreshadows a possible continuation as the stock moves lower. EXCLUSIVE OFFER: Get the inside scoop on opportunities in MJN with the Ticky from Trade-Ideas. See the FREE profile for MJN NOW at Trade-Ideas
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Food Products industry average. The net income increased by 2.5% when compared to the same quarter one year prior, going from $202.40 million to $207.40 million.
- The gross profit margin for MEAD JOHNSON NUTRITION CO is rather high; currently it is at 66.25%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 18.95% is above that of the industry average.
- MEAD JOHNSON NUTRITION CO's earnings per share improvement from the most recent quarter was slightly positive. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, MEAD JOHNSON NUTRITION CO increased its bottom line by earning $3.54 versus $3.35 in the prior year. This year, the market expects an improvement in earnings ($4.00 versus $3.54).
- The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.
- Net operating cash flow has increased to $274.50 million or 38.91% when compared to the same quarter last year. Despite an increase in cash flow, MEAD JOHNSON NUTRITION CO's cash flow growth rate is still lower than the industry average growth rate of 80.47%.
- You can view the full Mead Johnson Nutrition Ratings Report.
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