Darden Restaurants (DRI) : During the past 4 weeks, traders have been relatively bearish on Darden Restaurants (DRI), hence the stock is down -12.33% 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 -0.48% relative to the S&P 500. The stock has risen by 0.13% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.4% in the past 4 weeks.
Darden Restaurants (NYSE:DRI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.11 and $62.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $62.56, notching a gain of 0.92% for the day. The total traded volume was 1,794,544 . The stock had closed at $61.99 on the previous day.
The stock has recorded a 20-day Moving Average of 0.93% and the 50-Day Moving Average is 3.42%. Darden Restaurants, Inc. has dropped 0.27% during the last 3-month period . Year-to-Date the stock performance stands at 0.75%.
Darden Restaurants, Inc. is a full service restaurant company. The Company owns and operates more than 1,500 restaurants. The Companys restaurant brands include Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie Vs Prime Seafood, Wildfish Seafood Grill and Yard House. Through subsidiaries, the Company owns and operates all of its restaurants in the United States and Canada, except for three restaurants located in Florida and three restaurants in California, which are owned jointly by the Company and third parties, and managed by the Company, seven franchised restaurants in Puerto Rico and one Atlanta, Georgia airport location.