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Stocks in Focus – Darden Restaurants, Inc. (NYSE:DRI), The Cheesecake Factory Incorporated (NASDAQ:CAKE).

on 22/02/2013

NEW YORK, February 22, 2013 — (Net PR News) – The Services Sector of the Restaurants Industry stocks are in focus, as its stocks were gaining high volume during the previous trade. Darden Restaurants, Inc. (NYSE:DRI) remained with higher volume in its industry, while showing a negative trend during the previous trading session. Also, The Cheesecake Factory Incorporated(NASDAQ:CAKE) was in focus of investors and it was showing bullish momentum during the previous trade.

Darden Restaurants, Inc. (NYSE:DRI) revealed that, on Monday, February 25, 2013 and Tuesday, February 26, 2013, in Orlando, FL, the company will be webcasting the 2013 Analyst & Investor Day of the company.

Can Investors Bet on DRI after this News update? Find out in this Research Report

On Monday, 25th February, the webcast will start at 2:00 p.m. Eastern Time and end at 6:00 p.m. Eastern Time. On Tuesday, 26thFebruary, the webcast will start at 8:00 a.m. Eastern Time and end at 12:00 p.m. Eastern Time.

Services Sector stock, Darden Restaurants, Inc. (NYSE:DRI) reported the plunge of -0.25% and closed at $44.74 with the total traded volume of 3.91 million shares. The stock’s opening price was $44.83. The company has a total of 129.36 million outstanding shares and its total market capitalization is $5.79 billion.

Is DRI a Solid Investment at These Levels? Read This Report For Details

The 52-week price range of the stock remained $44.11 – $57.93, while during last trade its minimum price was $44.11 and it gained its highest price of $45.30. The Company’s last 5 days shows a downtrend with the drop of -5.53%.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) announced it named David M. Gordon as President of The Cheesecake Factory Incorporated, effective immediately.

Restaurants company showing positive momentum during the previous trade, The Cheesecake Factory Incorporated (NASDAQ:CAKE) reported the upsurge of 1.90% after opening at the price of $32.64. Its closing price for the day was $33.73.

How Should Investors Trade CAKE Now? Don’t Miss out a Special Trend Analysis

CAKE’s total trading volume for the day was 2.34 million shares, versus its average volume of 778,645.00 shares. Company’s current market capitalization stands at $1.81 billion along with 53.67 million shares outstanding.

The Cheesecake Company’s earnings per share is $1.91. If we look at the previous 5 day’s performance of the stock, it remained pessimistic with the loss of -1.98%. In its last one month’s trade it jumped 0.9%.

What Are CAKE’s Charts Signaling for Traders? Find Out Here

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Source: Fast Moving Stock Posted Fri, February 22, 2013 15:04 - Permalink