Quotidian Technical Highlights on Selected Restaurants Stocks -- Arcos Dorados, Bloomin' Brands, Brinker, and Chanticleer
NEW YORK, March 15, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on ARCO, BLMN, EAT, and BURG which can be accessed for free by signing up to www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com draws investors' attention to Arcos Dorados Holdings Inc. (NYSE: ARCO), Bloomin' Brands Inc. (NASDAQ: BLMN), Brinker International Inc. (NYSE: EAT), and Chanticleer Holdings Inc. (NASDAQ: BURG). Companies in the Restaurants industry operate restaurants and other eating places, including full-service restaurants, quick-service restaurants, cafeterias and buffets, and snack bars. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Arcos Dorados Holdings
On Wednesday, shares in Montevideo, Uruguay-based Arcos Dorados Holdings Inc. recorded a trading volume of 607,916 shares, which was above their three months average volume of 412,130. The stock ended at $9.75, rising 2.09% from the last trading session. The Company's shares have gained 1.56% in the last month, 3.17% over the previous three months, and 53.54% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.29% and 4.18%, respectively. Furthermore, shares of Arcos Dorados, which operates as a franchisee of McDonald's restaurants, have a Relative Strength Index (RSI) of 54.58.
On February 21st, 2018, Arcos Dorados announced that it will report its results for Q4 and full year ended December 31st, 2017 before the market opens on March 21st, 2018. Sergio Alonso, CEO, and senior management will host a conference call on the same day to discuss these results. Remarks will be followed by a question-and-answer period. Get the full research report on ARCO for free by clicking below at: www.wallstequities.com/registration/?symbol=ARCO
Bloomin' Brands
Tampa, Florida headquartered Bloomin' Brands Inc.'s stock finished yesterday's session 2.32% lower at $23.62 with a total trading volume of 888,779 shares. The Company's shares have gained 13.94% in the last month, 10.74% over the previous three months, and 33.52% over the past year. The stock is trading above its 50-day and 200-day moving averages by 6.00% and 19.01%, respectively. Furthermore, shares of Bloomin' Brands, which through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the US and internationally, have an RSI of 55.79.
On February 28th, 2018, Bloomin' Brands ("BLMN") and JANA Partners LLC ("JANA") announced the appointment of Wendy A. Beck as a new independent director to the Company's Board of Directors. In connection with the appointment, the duo has entered into an agreement, under which BLMN has agreed to appoint Ms. Beck to the Board for a term ending at the Company's 2019 Annual Meeting, and JANA has agreed to customary standstill and voting commitments. The free technical report on BLMN can be accessed at: www.wallstequities.com/registration/?symbol=BLMN
Brinker International
At the close of trading on Wednesday, shares in Dallas, Texas-based Brinker International Inc. saw a slight decline of 0.32%, ending the day at $37.62. The stock recorded a trading volume of 1.16 million shares. The Company's shares have advanced 12.43% in the last month. The stock is trading 3.37% and 6.21% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Brinker, which together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants worldwide, have an RSI of 60.87. Sign up for free on Wall St. Equities and claim the latest report on EAT at: www.wallstequities.com/registration/?symbol=EAT
Chanticleer Holdings
Charlotte, North Carolina-based Chanticleer Holdings Inc.'s shares ended the day 0.83% higher at $3.63 with a total trading volume of 16,368 shares. The stock has gained 45.78% over the previous three months. The Company's shares are trading 1.20% above their 50-day moving average and 29.80% above their 200-day moving average. Additionally, shares of Chanticleer, which owns, operates, and franchises fast casual and full-service dining concepts in the US and internationally, have an RSI of 50.94.
On March 07th, 2018, Chanticleer announced that its wholly owned subsidiary, BGR Operations, LLC, has repurchased the Annapolis Burgers Grilled Right location, making it now a corporate-owned store. See the free research coverage on BURG at: www.wallstequities.com/registration/?symbol=BURG
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