McDonalds Corporation (MCD) Shares are Up 0.61%

McDonalds Corporation (MCD) : Traders are bullish on McDonalds Corporation (MCD) as it has outperformed the S&P 500 by a wide margin of 2.31% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.08%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.61% in the last 1 week, and is up 0.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.03% and the 50-Day Moving Average is 2.47%.The 200 Day SMA reached 3.32% McDonalds Corp. has dropped 4.98% during the last 3-month period . Year-to-Date the stock performance stands at -0.19%.


McDonalds Corporation (MCD) : Average target price received by McDonalds Corporation (MCD) is $129 with an expected standard deviation of $13.66. The most aggressive target on the stock is $143, whereas the most downbeat target is $95. 15 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy. McDonalds Corporation (NYSE:MCD): stock was range-bound between the intraday low of $114.83 and the intraday high of $116.26 after having opened at $115.68 on Fridays session. The stock finally closed in the red at $115.68, a loss of -0.74%. The stock remained in the red for the whole trading day. The total traded volume was 9,500,452 shares. The stock failed to cross $116.26 in Fridays trading. The stocks closing price on Thursday was $115.28.

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.

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