Dunkin Brands Group (DNKN) has risen sharply, recording gains of 2.42% in the past 4 weeks. However, the stock has corrected -4.89% in the past 1 week, providing a good buying opportunity on dips. Dunkin Brands Group (DNKN) : During the past 4 weeks, traders have been relatively bearish on Dunkin Brands Group (DNKN), hence the stock is down -0.91% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.83% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 1.26% and the 50-Day Moving Average is 1.17%. Dunkin Brands Group, Inc. has dropped 1.89% during the last 3-month period . Year-to-Date the stock performance stands at 7.8%.
Dunkin Brands Group (NASDAQ:DNKN): On Fridays trading session , Opening price of the stock was $45.65 with an intraday high of $45.82. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $44.81. However, the stock managed to close at $45.31, a loss of 0.98% for the day. On the previous day, the stock had closed at $45.76. The total traded volume of the day was 1,651,499 shares.
Dunkin Brands Group, Inc. is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin Donuts and Baskin-Robbins brands. The Company operates business through four segments: Dunkin Donuts-U.S., Dunkin Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. Dunkin Donuts-U.S. segment is a United States QSR concept and markets donut and bagel categories for servings. In addition, it has APODs, such as self-service kiosks in grocery stores, hospitals, airports, offices and other smaller-footprint properties. Baskin-Robbins-U.S. segment is one of the QSR chains in the United States for servings of hard-serve ice cream and develops and sells a range of frozen ice cream treats, such as cones, cakes, sundaes and frozen beverages. It has approximately 11,310 Dunkin Donuts and over 7,552 Baskin-Robbins points of distribution.