Active Movers of the Restaurants Industry – Krispy Kreme Doughnuts (NYSE:KKD), Darden Restaurants, Inc. (NYSE:DRI).
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Today’s focus is on: KKD, DRI
The worthwhile stocks of the Restaurants industry of the Services sector are in today’s spotlight, which scored heavy volume. The active stocks were Krispy Kreme Doughnuts (NYSE:KKD), which remained a top volume stock in its industry and was showing bearish movement during the prior trade and Darden Restaurants, Inc. (NYSE:DRI), which gained traders attention mainly due to superb trade.
Krispy Kreme Doughnuts (NYSE:KKD) unveiled its financial results for the 4thquarter and fiscal year of 2013 and provided an update of fiscal 2014.
Can Investors Bet on KKD after this News update? Find out in this Research Report
The revenue remained $118.1 million for the 4th quarter fiscal 2013, 15.9% up, in comparison to last year same period revenue of $102.0 million.
The revenue of the company reported $435.8 million for the fiscal 2013, a 8.1% rise, versus the year ago revenue of $403.2 million.
Services sector stock, Krispy Kreme Doughnuts (NYSE:KKD), during the previous trading session showed a negative movement of -2.74%. Currently, the company has a market capitalization of $948.36million. Stock’s closing price was $14.54 while it started its day-trade at $14.16. Its 52-week price range was $5.86- $15.33.
KKD traded with volume of 6.93 million shares, while its average trading remained 1.13 million shares. If we look at the previous 5 day’s performance of the stock, it remained pessimistic with the loss of -1.02%.
Is KKD a Solid Investment at These Levels? Read This Report For Details
Darden Restaurants, Inc. (NYSE:DRI) revealed that, on Friday, March 22, 2013, at 8:30 am ET, it will host its Fiscal 2013 Third Quarter conference call in Orlando, FL. The company will also broadcast live this conference call through the internet.
How Should Investors Trade DRI Now? Don’t Miss out a Special Trend Analysis
Restaurants company showing a bullish trend during prior trading, Darden Restaurants, Inc.(NYSE:DRI) opened at the price of $48.64, whereas its previous closing price was recorded at $49.37. Company’s total market capitalization stands at $6.39 billion along with 129.36 million outstanding shares.
DRI increased 1.00% and traded within the range of $48.63 – $49.53 for the day. The 52week range of the stock remained in between $44.11 – $57.93. Total volume of the stock was 2.08 million shares during last trade, while its average volume is 2.30 million shares.
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