Large Inflow of Money Witnessed in Yum! Brands

Yum! Brands (YUM) : $23.2 million worth of transactions were on upticks in Yum! Brands (YUM), compared to $18.91 million on downticks. The ratio between the two was 1.23, whereas, the net money flow stood at a healthy $4.29 million on Thursdays session. The consistent buying on upticks in the stock accounted for $2.57million worth of trades. The total money flow into the stock stood at $2.57 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.13%. The stock was trading at $84.06, with a drop of $0.11 over the previous days close. The stock recorded 0.63% for the week.


Yum! Brands (YUM) : The highest level Yum! Brands (YUM) is projected to reach is $100 for the short term and the lowest estimate is at $80. The consolidated price target from 14 rating analysts who initiate coverage on the stock is $88.5 and the possibility the share price can swing is $6.58. The stock has recorded a 20-day Moving Average of 1.46% and the 50-Day Moving Average is 2.71%.

Yum! Brands (NYSE:YUM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $84.30 and $83.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $84.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $84.31, notching a gain of 0.17% for the day. The total traded volume was 3,538,096 . The stock had closed at $84.17 on the previous day.

YUM! Brands, Inc. (YUM) is engaged in restaurant business. YUM develops, operates, franchises and licenses a system of both traditional and non-traditional Quick Service Restaurants (QSR), which prepare, package and sell a menu of food items. YUM operates in five segments: YUM China, which includes all operations in mainland China; YUM India, which includes all operations in India, Bangladesh, Nepal and Sri Lanka; The KFC Division, which includes all operations of the KFC concept outside of China Division and India Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division and India Division; and the Taco Bell Division , which includes all operations of the Taco Bell concept outside of India Division. Its three Concepts focus on the chicken, pizza and Mexican-style food categories. The Company operates approximately 41,000 restaurants in approximately 125 countries and territories.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *