Mondelez Stock Hits Day High with Strong 3.96% Intraday Surge

Mondelez International, Inc. has experienced a notable uptick today, gaining 3.96% and reaching an intraday high of USD 61.27. This performance stands in contrast to the S&P 500, which saw a modest increase of 0.69% on the same day. Despite this positive movement, Mondelez's performance over the past week shows a decline of 2.33%, while its monthly performance reflects a gain of 4.67%. However, the stock has faced challenges over the longer term, with a year-to-date increase of 13.56%, yet a one-year performance decline of 5.47%. Over the past three years, Mondelez has underperformed the S&P 500, with a return of -7.48%. Financially, Mondelez maintains a strong ability to service its debt, evidenced by a healthy EBIT to Interest ratio of 10.38. The company has high institutional holdings at 87.37%, indicating significant confidence from larger investors. With a market capitalization of USD 110,750 million and a P/E ratio of 37.00, Mondelez continues to navigate a competitive FMCG landscape while facing pressures on profitability and growth.