Wendys Company (The)s in-depth data and chart pattern analysis indicates that the stock price has rallied 8.32% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 33.89% . Looking at the past 52 week period, the stock price is up at 45.74% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Wendys Company (The) has a positive value of 24.15 compared to overall market.
The Wendys Company stock has recorded a 20-day Moving Average of 1.59% and the 50-Day Moving Average is 0.65%.The 200 Day SMA reached 20.9%The Wendys Company is having a Relative Strength Index of 46.12 which indicates the stock is not yet over sold or over bought based on the technical indicators.Wendys Company (The) (NASDAQ:WEN) has tumbled 3.26% during the past week and has dropped 0.73% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.92%. Wendys Company (The) (NASDAQ:WEN) has underperformed the index by 3.77% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Wendys Company (The) (NASDAQ:WEN) : On Friday heightened volatility was witnessed in Wendys Company (The) (NASDAQ:WEN) which led to swings in the share price. The stock opened for trading at $13.66 and hit $13.705 on the upside , eventually ending the session at $13.67, with a gain of 1.71% or 0.23 points. The heightened volatility saw the trading volume jump to 3,813,532 shares. The 52-week high of the share price is $14.465 and the company has a market cap of $3,358 million. The 52-week low of the share price is at $9.15 .
Currently the company Insiders own 22.7% of Wendys Company (The) shares according to the proxy statements. Institutional Investors own 74.72% of Wendys Company (The) shares. Company has reported several Insider transactions to the SEC, on Dec 6, 2016, Nelson Peltz (director 10% owner) purchased 3,743,384 shares at 12.81 per share price.On Dec 6, 2016, Matthew H. Peltz (director) purchased 3,743,384 shares at 12.81 per share price.On Dec 6, 2016, Peter W May (director 10% owner) purchased 3,743,384 shares at 12.81 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Wendys Co was Upgraded by JP Morgan to Overweight on Feb 24, 2017. Wendys Co was Downgraded by Longbow to Neutral on Jan 6, 2017. Wendys Co was Downgraded by Guggenheim to Neutral on Dec 1, 2016. Wendys Co was Downgraded by Goldman to Neutral on Nov 29, 2016.
Wendys Co Last issued its quarterly earnings results on Feb 16, 2017. The company reported $0.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.09. The company had revenue of $309.90 million for the quarter, compared to analysts expectations of $307.98 million. The companys revenue was down -33.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.12 EPS.
The Wendys Company is the worlds third-largest quick-service hamburger company. The Wendys system includes more than 6,500 franchise and Company-operated restaurants in the United States and 27 countries and U.S. territories worldwide.