Pre-Market Technical Scan on Restaurants Equities -- Cheesecake Factory, Wendy's, Yum China, and Zoe's Kitchen
NEW YORK, Feb. 6, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CAKE, WEN, YUMC, and ZOES which can be accessed for free by signing up to www.wallstequities.com/registration. On Monday, February 05, 2018, US markets saw broad based losses with all sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,967.53, down 3.78%; the Dow Jones Industrial Average edged 4.60% lower, to finish at 24,345.75; and the S&P 500 closed at 2,648.94, down 4.10%. This Tuesday morning, WallStEquities.com looks at the performance of these four Restaurants stocks: The Cheesecake Factory Inc. (NASDAQ: CAKE), The Wendy's Co. (NASDAQ: WEN), Yum China Holdings Inc. (NYSE: YUMC), and Zoe's Kitchen Inc. (NYSE: ZOES). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Cheesecake Factory
On Monday, shares in Calabasas, California headquartered The Cheesecake Factory Inc. recorded a trading volume of 1.35 million shares, which was above their three months average volume of 1.17 million shares. The stock ended the session 4.50% lower at $47.11. The Company's shares have gained 11.69% over the previous three months. The stock is trading below its 50-day moving average by 2.84%. Moreover, shares of Cheesecake Factory, which operates restaurants primarily in the US, have a Relative Strength Index (RSI) of 40.19.
On January 16th, 2018, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with an increase of the target price from $43 a share to $47 a share. Get the full research report on CAKE for free by clicking below at:
www.wallstequities.com/registration/?symbol=CAKE
Wendy's
Dublin, Ohio headquartered The Wendy's Co.'s stock closed the day 3.59% lower at $15.30 with a total trading volume of 4.54 million shares, which was above their three months average volume of 3.95 shares. The Company's shares have advanced 10.67% over the last twelve months. The stock is trading below its 50-day moving average by 4.19%. Additionally, shares of Wendy's, which through its subsidiaries, operates as a quick-service restaurant company worldwide, have an RSI of 31.55.
On January 16th, 2018, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $17 a share to $20 a share. Free research on WEN can be accessed at:
www.wallstequities.com/registration/?symbol=WEN
Yum China Holdings
Shares in Shanghai, China headquartered Yum China Holdings Inc. recorded a trading volume of 1.60 million shares. The stock ended yesterday's trading session 2.70% lower at $44.32. The Company's shares have advanced 10.33% over the previous three months and 55.89% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 3.54% and 12.48%, respectively. Furthermore, shares of Yum China, which operates as a restaurant company in China, have an RSI of 46.48. Sign up today for the free research report on YUMC at:
www.wallstequities.com/registration/?symbol=YUMC
Zoe's Kitchen
Plano, Texas-based Zoe's Kitchen Inc.'s stock finished Monday's session 0.87% lower at $13.75 with a total trading volume of 732,608 shares, which was above their three months average volume of 473.72 thousand shares. The Company's shares have advanced 12.34% over the previous three months. The stock is trading below its 50-day moving average by 12.81%. Additionally, shares of Zoe's Kitchen, which through its subsidiaries, develops and operates a chain of fast-casual restaurants, have an RSI of 31.40. Wall St. Equities' research coverage also includes the downloadable free report on ZOES at:
www.wallstequities.com/registration/?symbol=ZOES
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