Wendy’s Co (WEN) concluded trading on Wednesday at a closing price of $20.31, with 6.43 million shares of worth about $130.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.52% during that period and on October 30, 2024 the price saw a gain of about 0.15%. Currently the company’s common shares owned by public are about 205.40M shares, out of which, 185.05M shares are available for trading.
Stock saw a price change of 5.89% in past 5 days and over the past one month there was a price change of 15.01%. Year-to-date (YTD), WEN shares are showing a performance of 4.26% which increased to 5.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.61 but also hit the highest price of $20.65 during that period. The average intraday trading volume for Wendy’s Co shares is 3.44 million. The stock is currently trading 6.81% above its 20-day simple moving average (SMA20), while that difference is up 13.30% for SMA50 and it goes to 12.73% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Wendy’s Co (NASDAQ: WEN) currently have 205.40M outstanding shares and institutions hold larger chunk of about 78.16% of that.
The stock has a current market capitalization of $4.13B and its 3Y-monthly beta is at 0.80. PE ratio of stock for trailing 12 months is 20.94, while it has posted earnings per share of $0.97 in the same period. Its PEG reads 2.85 and has Quick Ratio of 2.15 while making debt-to-equity ratio of 14.99. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WEN, volatility over the week remained 2.28% while standing at 2.45% over the month.
Stock’s fiscal year EPS is expected to rise by 1.87% while it is estimated to increase by 7.75% in next year. EPS is likely to shrink at an annualized rate of 7.34% for next 5-years, compared to annual growth of 10.66% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on June 13, 2024 offering a Sell rating for the stock and assigned a target price of $16 to it. Coverage by Stephens stated Wendy’s Co (WEN) stock as an Equal-weight in their note to investors on April 12, 2024, suggesting a price target of $20 for the stock. On February 22, 2024, Bernstein Downgrade their recommendations, while on February 21, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $19. Stock get a Hold rating from Gordon Haskett on January 16, 2024.
