Pre-Market Technical Recap on Restaurants Stocks -- Chipotle Mexican Grill, Domino's Pizza, McDonald's, and Yum China
NEW YORK, Nov. 14, 2017 If you want a Stock Review on CMG, DPZ, MCD, or YUMC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. This morning's focus is on the Restaurants industry, which includes businesses, which prepare and serve food and drinks to customers in exchange for money. They vary greatly in appearance and offerings, including a wide variety of cuisines and service models ranging from inexpensive fast food restaurants and cafeterias to mid-priced family restaurants and to high-priced luxury establishments. Today's, DailyStockTracker.com monitors Chipotle Mexican Grill Inc. (NYSE: CMG), Domino's Pizza Inc. (NYSE: DPZ), McDonald's Corp. (NYSE: MCD), and Yum China Holdings Inc. (NYSE: YUMC). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Chipotle Mexican Grill
Denver, Colorado-based Chipotle Mexican Grill Inc.'s shares saw a slight decline of 0.70%, finishing Monday's trading session at $277.50. A total volume of 1.82 million shares was traded, which was higher than their three months average volume of 1.42 million shares. The stock is trading below its 50-day moving average by 8.55%. Moreover, shares of the Company, which together with its subsidiaries, develops and operates Chipotle Mexican Grill restaurants, have a Relative Strength Index (RSI) of 40.60.
On October 25th, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $345 a share to $310 a share.
On November 06th, 2017, Chipotle Mexican Grill has announced a new mobile app that is now available for download on Apple and Android devices. Whether a first-time mobile user or an online ordering regular, the app enhances the Chipotle experience of on-the-go guests by offering features, such as quick reorder of their favorite meals, streamlined payment options, and the ability to receive, store, and redeem Company offers. Free research report on CMG is available at:
http://dailystocktracker.com/registration/?symbol=CMG
Domino's Pizza
On Monday, shares in Ann Arbor, Michigan-based Domino's Pizza Inc. recorded a trading volume of 672,378 shares, and ended the session 0.17% lower at $173.03. The stock has gained 8.66% on an YTD basis. The Company's shares are trading 8.87% below their 50-day moving average. Furthermore, shares of Domino's Pizza, which through its subsidiaries, operates as a pizza delivery company in the US and internationally, have an RSI of 32.55.
On October 20th, 2017, Domino's Pizza announced that it is looking to hire 2,000 new employees across 113 franchise-owned locations across Chicagoland. All of the new positions offered are for delivery drivers, pizza makers, customer service representatives, assistant managers, and general managers.
On November 02nd, 2017, research firm Maxim Group upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $220 a share to $230 a share. The complimentary research report on DPZ can be downloaded at:
http://dailystocktracker.com/registration/?symbol=DPZ
McDonald's
Shares in Oak Brook, Illinois-based McDonald's Corp. closed at $167.37, rising 1.07% from the last trading session. The stock recorded a trading volume of 2.60 million shares. The Company's shares have gained 1.21% in the last one month, 6.19% over the previous three months, and 37.50% since the start of this year. The stock is trading 3.48% and 13.44% above its 50-day and 200-day moving averages, respectively. Additionally, shares of McDonald's, which operates and franchises McDonald's restaurants in the US, Europe, Asia/Pacific, Middle-East, Africa, Canada, Latin America, and internationally, have an RSI of 56.71.
On October 24th, 2017, McDonald's announced results for Q3 ended September 30th, 2017. Global comparable sales for the quarter increased 6.0%, consolidated revenues decreased 10% (12% in constant currencies), and systemwide sales increased 7% in constant currencies. Consolidated operating income for Q3 2017 increased 44% (42% in constant currencies) and diluted earnings per share of $2.32 increased 55% (53% in constant currencies). Visit DailyStockTracker.com today and access our complete research report on MCD at:
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Yum China Holdings
Shanghai, China headquartered Yum China Holdings Inc.'s stock ended 0.96% higher at $42.13 with a total trading volume of 1.90 million shares. The Company's shares have advanced 13.16% over the previous three months and 61.29% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.34% and 19.67%, respectively. Furthermore, shares of Yum China, which operates as a restaurant company in China, have an RSI of 61.25. Get free access to your research report on YUMC at:
http://dailystocktracker.com/registration/?symbol=YUMC
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