Stock News Recap: The Wendy’s Company (NASDAQ:WEN)

Financial

The Wendy’s Company (NASDAQ:WEN) stock recorded a change of -1.16% away from 50 day moving average and 0.77% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.40% off 20-day moving average. The stock recently spotted trading -8.05% off 52-week high price. On the other end, the stock has been noted 26.59% away from low price over the last 52-weeks. It has market cap of $4115.13M and dividend yield of 1.98%.

The Wendy’s Company (NASDAQ:WEN) announced the declaration of its regular quarterly cash dividend of $0.085 per share, payable on December 17, 2018, to shareholders of record as of December 3, 2018.

The approximate number of common shares outstanding as of October 31, 2018 was 237 million.

The USA based company The Wendy’s Company moved with change of -0.35% to $17.18 with the total traded volume of 3524240 shares in recent session versus to an average volume of 3519.15K. The stock was observed in the 5 days activity at 0.88%. The one month performance of stock was -0.23%. WEN’s shares are at 2.26% for the quarter and driving a 14.30% return over the course of the past year and is now at 4.63% since this point in 2018.

Right now the stock beta is 0.53. The average volatility for the week and month was at 2.66% and 2.24% respectively. There are 239.53M shares outstanding and 218.73M shares are floated in market.

Gabriel Smith joined the mosttradedstocks.com, after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. He earned bachelor degree from Union College with a focus in Business Administration. Wayne is the Senior Editor for mosttradedstocks.com and market movers section. He also holds an MBA from Penn State University He has two daughter and two children.

Email: Gabriel@mosttradedstocks.com 

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