For the readers interested in the stock health of McDonald’s Corporation (MCD). It is currently valued at $242.65. When the transactions were called off in the previous session, Stock hit the highs of $243.872, after setting-off with the price of $243.27. Company’s stock value dipped to $239.90 during the trading on the day. When the trading was stopped its value was $244.52.Recently in News on September 23, 2021, McDonald’s Raises Quarterly Cash Dividend By 7% And Resumes Share Repurchases. Today, McDonald’s Board of Directors declared a quarterly cash dividend of $1.38 per share of common stock payable on December 15, 2021 to shareholders of record at the close of business on December 1, 2021. This represents a 7% increase over the Company’s previous quarterly dividend and brings the fourth quarter dividend payout to over $1 billion. The dividend increase reflects confidence in the Accelerating the Arches growth strategy and a continued focus on driving long-term profitable growth for all stakeholders. You can read further details here
McDonald’s Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $249.95 on 10/07/21, with the lowest value was $202.73 for the same time period, recorded on 03/04/21.
McDonald’s Corporation (MCD) full year performance was 6.73%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, McDonald’s Corporation shares are logging -2.92% during the 52-week period from high price, and 19.69% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $202.73 and $249.95.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 3184087 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the McDonald’s Corporation (MCD) recorded performance in the market was 13.08%, having the revenues showcasing 2.44% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 181.66B, as it employees total of 200000 workers.
Market experts do have their say about McDonald’s Corporation (MCD)
During the last month, 23 analysts gave the McDonald’s Corporation a BUY rating, 4 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 237.80, with a change in the price was noted +11.41. In a similar fashion, McDonald’s Corporation posted a movement of +4.93% for the period of last 100 days, recording 2,415,781 in trading volumes.
Technical breakdown of McDonald’s Corporation (MCD)
Raw Stochastic average of McDonald’s Corporation in the period of last 50 days is set at 56.80%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 45.15%. In the last 20 days, the company’s Stochastic %K was 59.68% and its Stochastic %D was recorded 71.28%.
Bearing in mind the latest performance of McDonald’s Corporation, several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 13.08%. Additionally, trading for the stock in the period of the last six months notably improved by 4.92%, alongside a boost of 6.73% for the period of the last 12 months. The shares increased approximately by -1.80% in the 7-day charts and went down by 0.63% in the period of the last 30 days. Common stock shares were driven by 2.44% during last recorded quarter.