This Morning's Technical Outlook on Restaurants Stocks -- Sonic, Texas Roadhouse, Wingstop, and YUM! Brands
NEW YORK, April 10, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on SONC, TXRH, WING, and YUM which can be accessed for free by signing up to www.wallstequities.com/registration. On Monday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.51%; the Dow Jones Industrial Average edged 0.19% higher; and the S&P 500 was up 0.33%. US markets made broad based gains with six out of nine sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Restaurants stocks: Sonic Corp. (NASDAQ: SONC), Texas Roadhouse Inc. (NASDAQ: TXRH), Wingstop Inc. (NASDAQ: WING), and YUM! Brands Inc. (NYSE: YUM). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Sonic
Oklahoma City, Oklahoma headquartered Sonic Corp.'s stock finished Monday's session 0.91% higher at $26.47. A total volume of 852,993 shares was traded, which was above its three months average volume of 847.04 thousand shares. The Company's shares have advanced 6.95% in the past month. The stock is trading above its 50-day and 200-day moving averages by 5.78% and 4.68%, respectively. Furthermore, shares of Sonic, which operates and franchises a chain of quick-service drive-in restaurants in the US, have a Relative Strength Index (RSI) of 66.73.
On March 28th, 2018, research firm Barclays reiterated its 'Underweight' rating on the Company's stock with a decrease of the target price from $28 a share to $25 a share. Get the full research report on SONC for free by clicking below at: www.wallstequities.com/registration/?symbol=SONC
Texas Roadhouse
Shares in Louisville, Kentucky-based Texas Roadhouse Inc. ended at $59.50, down 2.03% from the last trading session. The stock recorded a trading volume of 759,418 shares. The Company's shares have gained 33.41% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 3.04% and 13.77%, respectively. Moreover, shares of Texas Roadhouse, which together with its subsidiaries, operates casual dining restaurants in the US and internationally, have an RSI of 56.32. TXRH's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=TXRH
Wingstop
Dallas, Texas headquartered Wingstop Inc.'s stock ended yesterday's session 0.17% higher at $47.84 with a total trading volume of 199,281 shares. The Company's shares have advanced 29.00% over the previous three months and 84.29% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 3.52% and 31.51%, respectively. Additionally, shares of Wingstop, which together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name, have an RSI of 53.58. Are you already registered with Wall St. Equities? Do so now for free, and get the report on WING at: www.wallstequities.com/registration/?symbol=WING
YUM! Brands
On Monday, shares in Louisville, Kentucky headquartered YUM! Brands Inc. recorded a trading volume of 1.48 million shares. The stock finished the day 0.01% lower at $84.45. The Company's shares have advanced 30.83% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 3.18% and 7.30%, respectively. Furthermore, shares of YUM! Brands, which together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide, have an RSI of 55.99. Aspiring Member, please take a moment to register below for your free research report on YUM at: www.wallstequities.com/registration/?symbol=YUM
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