Pre-Market Technical Scan on Restaurants Equities—Wendy’s,

//Pre-Market Technical Scan on Restaurants Equities—Wendy’s,

Pre-Market Technical Scan on Restaurants Equities—Wendy’s,

This post was originally published on this site

NEW YORK, Jan. 4, 2018 – WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on WEN, CAKE, DNKN, and ARCO which can be accessed for free by signing up to www.wallstequities.com/registration. On Wednesday, January 03, 2018, US markets saw broad based gains with eight out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday’s session. The NASDAQ Composite ended the day at 7,065.53, up 0.84%; the Dow Jones Industrial Average edged 0.40% higher, to finish at 24,922.68; and the S&P 500 closed at 2,713.06, up 0.64%. This Thursday morning, WallStEquities.com looks at the performance of these four Restaurants stocks: The Wendy’s Co. (NASDAQ: WEN), The Cheesecake Factory Inc. (NASDAQ: CAKE), Dunkin’ Brands Group Inc. (NASDAQ: DNKN), and Arcos Dorados Holdings Inc. (NYSE: ARCO). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Wendy’s

On Wednesday, shares in Dublin, Ohio headquartered The Wendy’s Co. recorded a trading volume of 3.07 million shares. The stock ended the session 2.33% higher at $16.70. The Company’s shares have gained 12.69% in the last month and 24.44% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 10.41% and 10.33%, respectively. Moreover, shares of Wendy’s, which through its subsidiaries, operates as a quick-service restaurant company in the hamburger sandwich segment worldwide, have a Relative Strength Index (RSI) of 67.55.

On December 20th, 2017, research firm Wedbush upgraded the Company’s stock rating from ‘Neutral’ to ‘Outperform’, with a target price of $20 per share. Get the full research report on WEN for free by clicking below at:
www.wallstequities.com/registration/?symbol=WEN

Cheesecake Factory

Agoura Hills, California headquartered The Cheesecake Factory Inc.‘s stock closed the day 2.23% higher at $50.41 with a total trading volume of 970,457 shares.. The Company’s shares have advanced 19.20% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 8.59% and 0.25%, respectively. Additionally, shares of Cheesecake Factory, which operates restaurants primarily in the US, have an RSI of 65.53.  Free research on CAKE can be accessed at: www.wallstequities.com/registration/?symbol=CAKE

Dunkin’ Brands Group

Shares in Canton, Massachusetts headquartered Dunkin’ Brands Group Inc. recorded a trading volume of 486,420 shares. The stock ended yesterday’s trading session 0.73% higher at $66.03. The Company’s shares have advanced 11.99% in the past month, 24.40% over the previous three months, and 26.25% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 11.19% and 18.26%, respectively. Furthermore, shares of Dunkin’ Brands, which together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the Dunkin’ Donuts and Baskin-Robbins brands worldwide, have an RSI of 73.32.

On January 02nd, 2018, research firm Maxim Group reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $64 a share to $71 a share. Sign up today for the free research report on DNKN at: www.wallstequities.com/registration/?symbol=DNKN

Arcos Dorados Holdings

Montevideo, Uruguay-based Arcos Dorados Holdings Inc.‘s stock finished Wednesday’s session 1.18% lower at $10.08 with a total trading volume of 276,297 shares.. The Company’s shares have advanced 75.30% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 0.04% and 11.80%, respectively. Additionally, shares of Arcos Dorados, which operates as a franchisee of McDonald’s restaurants, have an RSI of 50.09. Wall St. Equities’ research coverage also includes the downloadable free report on ARCO at: www.wallstequities.com/registration/?symbol=ARCO

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email .(JavaScript must be enabled to view this email address). Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: .(JavaScript must be enabled to view this email address)
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Cision View original content:http://www.prnewswire.com/news-releases/pre-market-technical-scan-on-restaurants-equities——wendys-cheesecake-factory-dunkin-brands-and-arcos-dorados-300577519.html

SOURCE Wall St. Equities

2018-01-04T17:11:58+00:00