Yum! Brands (YUM) Shares Slide -0.75%

Yum! Brands (YUM) has risen sharply, recording gains of 7.05% in the past 4 weeks. However, the stock has corrected -0.75% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.57% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.08% and the 50-Day Moving Average is 6.56%. Yum! Brands, Inc. is up 13% in the last 3-month period. Year-to-Date the stock performance stands at 24.58%.


Yum! Brands (NYSE:YUM): On Fridays trading session , Opening price of the stock was $90.09 with an intraday high of $90.36. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $89.3. However, the stock managed to close at $89.42, a loss of 0.93% for the day. On the previous day, the stock had closed at $90.26. The total traded volume of the day was 2,102,793 shares.

Also, Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of Yum! Brands (NYSE:YUM). Barclays has a Equalweight rating on the shares. As per the latest research report, the brokerage house raises the price target to $88 per share from a prior target of $83. The rating by the firm was issued on July 15, 2016.

YUM! Brands, Inc. (YUM) is engaged in restaurant business. YUM develops, operates, franchises and licenses a system of both traditional and non-traditional Quick Service Restaurants (QSR), which prepare, package and sell a menu of food items. YUM operates in five segments: YUM China, which includes all operations in mainland China; YUM India, which includes all operations in India, Bangladesh, Nepal and Sri Lanka; The KFC Division, which includes all operations of the KFC concept outside of China Division and India Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division and India Division; and the Taco Bell Division , which includes all operations of the Taco Bell concept outside of India Division. Its three Concepts focus on the chicken, pizza and Mexican-style food categories. The Company operates approximately 41,000 restaurants in approximately 125 countries and territories.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *