Restaurants Industry’s Trend Analysis – Arcos Dorados Holding Inc (NYSE:ARCO), The Wendy’s Company (NASDAQ:WEN)
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Today’s focus is on: ARCO, WEN
The Services Sector Restaurants Industry stocks are in focus, as its stock was gaining high volume during the previous trade. Arcos Dorados Holding Inc (NYSE:ARCO) remained on top with higher volume in its industry and showed a negative trend during the previous trading session. Also, The Wendy’s Company (NASDAQ:WEN) was in focus of investors and it was showing bullish movement during its previous trade.
Arcos Dorados Holding Inc (NYSE:ARCO) revealed that, on Friday, March 8, 2013, before opening the regular trading hours of the stock exchange market, it will report its earnings results for the fourth quarter and full year 2012.
Arcos Dorados Holding Inc (NYSE:ARCO) ended its day with the loss of -3.58% and closed at the price of $13.20 after opening at $13.65. Stock traded during its last trading session with the total volume of 3.53 million shares, as compared to its average volume of 1.32 million shares.
How Should Investors Trade ARCO Now? Don’t Miss out a Special Trend Analysis
During the previous session, the company’s minimum price was $13.11, while it touched its highest price for the day at $13.66. ARCO’s earnings per share was $0.56. During the last one month, the company declined-5.38% while its last 5 days shows a plunge of -6.05%.
The Wendy’s Company (NASDAQ:WEN) declared its initial unaudited fourth quarter and fiscal year results ended on Dec. 30,2012. The Wendy’s Company has scheduled to issue its financial statements on Feb. 28, 2013.
The Wendy’s Company (NASDAQ:WEN) reported the increase of 3.59% to close at $5.20 with the overall traded volume of 14.29 million shares. Its market capitalization was $2.03 billion. Its beta value stands at 1.02 times.
Can Investors Bet on WEN after this News update? Find out in this Research Report
The Wendy’s Company (NASDAQ:WEN) has the total of 391.08 million outstanding shares. During last trade, the company’s minimum price was $5.14 while it touched its highest price of $5.33. The Company’s year to date performance remained optimistic with the rise of 10.64%. If we look at its last 6 months of trade, that is in the bullish zone with the gain of 16.07%.
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