Let’s start up with the current stock price of The Wendy’s Company (WEN), which is $22.01 to be very precise. The Stock rose vividly during the last session to $22.03 after opening rate of $21.69 while the lowest price it went was recorded $21.44 before closing at $21.73.Recently in News on October 13, 2021, The Wendy’s Company to Report Third Quarter 2021 Results on November 10. The Wendy’s Company (Nasdaq: WEN) will release its third quarter 2021 results before the market opens on Wednesday, November 10. The Company will host a conference call that same day at 8:30 a.m. ET, and a simultaneous webcast. The related presentation materials will be publicly available on the Company’s Investor Relations website at www.irwendys.com. The live conference call will also be available by telephone at (866) 211-4759 for domestic callers and (647) 689-6752 for international callers. The archived webcast and presentation materials will also be publicly available at www.irwendys.com. You can read further details here
The Wendy’s Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $29.46 on 06/08/21, with the lowest value was $18.86 for the same time period, recorded on 03/05/21.
The Wendy’s Company (WEN) full year performance was -8.60%
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, The Wendy’s Company shares are logging -25.29% during the 52-week period from high price, and 16.70% 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 $18.86 and $29.46.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 3183473 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 The Wendy’s Company (WEN) recorded performance in the market was 0.41%, having the revenues showcasing -1.21% 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 4.93B, as it employees total of 14000 workers.
Specialists analysis on The Wendy’s Company (WEN)
During the last month, 16 analysts gave the The Wendy’s Company a BUY rating, 1 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 22.96, with a change in the price was noted -1.58. In a similar fashion, The Wendy’s Company posted a movement of -6.70% for the period of last 100 days, recording 3,693,127 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for WEN is recording 5.16 at the time of this writing. In addition, long term Debt to Equity ratio is set at 5.08.
Trends and Technical analysis: The Wendy’s Company (WEN)
Raw Stochastic average of The Wendy’s Company in the period of last 50 days is set at 19.25%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 33.14%. In the last 20 days, the company’s Stochastic %K was 20.20% and its Stochastic %D was recorded 24.31%.
Now, considering the stocks previous presentation, multiple 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 0.41%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -1.21%, alongside a downfall of -8.60% for the period of the last 12 months. The shares increased approximately by -0.77% in the 7-day charts and went up by -2.00% in the period of the last 30 days. Common stock shares were lifted by -1.21% during last recorded quarter.