McDonalds Corporation (MCD) has been under a strong bear grip, hence the stock is down -2.52% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.16% in the past 1 week. The 4-week change in the price of the stock is -2.73% and the stock has fallen -0.5% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.58% and the fifty day Moving Average is 4.86%. McDonalds Corp. has dropped 6.47% during the last three month period . Year-to-Date the stock performance stands at -1.68%.
McDonalds Corporation (MCD) : 15 Wall Street analysts covering McDonalds Corporation (MCD) believe that the average level the stock could reach for the short term is $128.87. The maximum price target given is $143 and the minimum target for short term is around $95, hence the standard deviation is calculated at $13.68.
McDonalds Corporation (NYSE:MCD): On Fridays trading session , Opening price of the stock was $115.63 with an intraday high of $115.72. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $113.96. However, the stock managed to close at $114.44, a loss of 0.86% for the day. On the previous day, the stock had closed at $115.43. The total traded volume of the day was 5,294,499 shares.
McDonalds Corporation operates and franchises McDonalds restaurants. McDonalds global system comprises both Company-owned and franchised restaurants. The Company manages its business as distinct geographic segments: the United States (U.S.); Europe, and Asia/Pacific, Middle East and Africa (APMEA). The Companys operations in Canada and Latin America, as well as its Corporate activities are reported under Other Countries & Corporate. The Companys restaurants offer a substantially uniform menu, including hamburgers and cheeseburgers, Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, several chicken sandwiches, Chicken McNuggets, wraps, French fries, salads, oatmeal, shakes, McFlurry desserts, sundaes, soft serve cones, pies, soft drinks, coffee, McCafe beverages and other beverages. McDonalds franchised restaurants are owned and operated under one of the following structures: conventional franchise, developmental license or affiliate.