Pre-Market Technical Scan on Specialty Eateries Equities -- Starbucks, Papa John's, Shake Shack, and Aramark
NEW YORK, Jan. 9, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on SBUX, PZZA, SHAK, and ARMK which can be accessed for free by signing up to www.wallstequities.com/registration On Monday, January 08, 2018, US markets saw six out of nine sectors finishing the day in green, two in red, and one in neutral territory. Major US indices were also mixed at the close of yesterday's session. The NASDAQ Composite ended the day at 7,157.39, up 0.29%; the Dow Jones Industrial Average edged 0.05% lower, to finish at 25,283.00; and the S&P 500 closed at 2,747.71, up 0.17%. This Tuesday morning, WallStEquities.com looks at the performance of these four Specialty Eateries stocks: Starbucks Corp. (NASDAQ: SBUX), Papa John's International Inc. (NASDAQ: PZZA), Shake Shack Inc. (NYSE: SHAK), and Aramark (NYSE: ARMK). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Starbucks
On Monday, shares in Seattle, Washington-based Starbucks Corp. recorded a trading volume of 6.30 million shares. The stock ended the session 0.50% lower at $59.31. The Company's shares have gained 7.50% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.40% and 3.13%, respectively. Moreover, shares of Starbucks, which together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide, have a Relative Strength Index (RSI) of 60.27.
On December 28th, 2017, research firm Tigress Financial initiated a 'Buy' rating on the Company's stock. Get the full research report on SBUX for free by clicking below at: www.wallstequities.com/registration/?symbol=SBUX
Papa John's International
Louisville, Kentucky headquartered Papa John's International Inc.'s stock closed the day 0.03% higher at $58.79 with a total trading volume of 842,597 shares, which was above their three months average volume of 835.90 thousand shares. The Company's shares have advanced 2.65% in the past month. The stock is trading below its 50-day moving average by 0.71%. Additionally, shares of Papa John's, which operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the US and internationally, have an RSI of 54.59.
On December 18th, 2017, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock, with a target price of $63 per share. Free research on PZZA can be accessed at: www.wallstequities.com/registration/?symbol=PZZA
Shake Shack
Shares in New York headquartered Shake Shack Inc. recorded a trading volume of 736,602 shares, which was above their three months average volume of 695.81 thousand shares. The stock ended yesterday's trading session 1.47% lower at $43.52. The Company's shares have advanced 28.87% over the previous three months and 18.94% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 6.36% and 21.44%, respectively. Furthermore, shares of Shake Shack, which owns, operates, and licenses Shake Shack restaurants in the US and internationally, have an RSI of 49.81.
On January 03rd, 2018, research firm SunTrust reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $50 a share to $60 a share. Sign up today for the free research report on SHAK at: www.wallstequities.com/registration/?symbol=SHAK
Aramark
Philadelphia, Pennsylvania-based Aramark's stock finished Monday's session 1.08% higher at $43.18 with a total trading volume of 1.25 million shares, which was above their three months average volume of 1.22 million shares. The Company's shares have advanced 23.65% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 1.54% and 7.66%, respectively. Additionally, shares of Aramark, which provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally, have an RSI of 54.09.
On December 22nd, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with an increase of the target price from $45 a share to $47 a share. Wall St. Equities' research coverage also includes the downloadable free report on ARMK at: www.wallstequities.com/registration/?symbol=ARMK
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