Sonic (SONC) : During the past 4 weeks, traders have been relatively bearish on Sonic (SONC), hence the stock is down -6.8% 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 -1.58% relative to the S&P 500. The 4-week change in the price of the stock is -0.51% and the stock has fallen -0.98% in the past 1 week.
Sonic (NASDAQ:SONC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.24 and $27.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.42, notching a gain of 0.85% for the day. The total traded volume was 1,254,088 . The stock had closed at $27.19 on the previous day.
The stock has recorded a 20-day Moving Average of 0.88% and the 50-Day Moving Average is 5.88%. Sonic Corp. has dropped 20.63% during the last 3-month period . Year-to-Date the stock performance stands at -14.51%.
Sonic Corp. operates and franchises a chain of drive-in restaurants in the United States. The Company has around 3,512 Sonic Drive-Ins in 44 states of the United States. The Companys product categories include Burgers, Coneys and Hot Dogs, Chicken, Breakfast, Snacks and Sides, Drinks, Ice Cream, and Wacky Pack. The Companys products include SONIC Cheeseburger, SuperSONIC Double Cheeseburger, Chili Cheese Coney, Chicago Dog, Garlic Parmesan Boneless Wings, Buffalo Boneless Wings, BREAKFAST TOASTER, SuperSONIC Breakfast Burrito, Natural-Cut Fries, Onion Rings, Minute Maid Cranberry Juice Slush, DR PEPPER, SONIC Energy Zero Calorie, OREO & Cake Shake, Banana Split Master Blast, and Waffle Cone Sundae with Chocolate & Reeses Cups, among others. The Company offers Wacky Pack for kids. The Company also offers SONIC Wacky application, which is available on Google Play and iTunes App Store.