How We WorkOrder NowSupport Privacy

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

About Fast Moving Stocks

FastMovingStock.com is engaged in providing valuable ideas and news information on U.S. stocks on a regular basis. FastMovingStock.com provides detailed research guides on small cap and large cap stocks, helping investors in making wise stock market investment decisions through its free e-newsletter to subscribers.

Disclaimer:

The assembled information disseminated by fastmovingstock.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Fast moving stock.com does not expect that investors will buy and sell securities based on information assembled and presented in fastmovingstock.com. PLEASE always do your own due diligence, and consult your financial advisor.

 

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