1.87% volatility in Wendy’s Co (WEN) last month: This is a red flag warning

On Friday, Wendy’s Co (NASDAQ: WEN) trading session started at the price of On Friday, that was 19.32% up from the session before settling in for the closing price of $21.62. A 52-week range for WEN has been $18.19 – $23.90.

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Annual sales at Consumer Cyclical sector company grew by 7.20% over the past five years. With a float of $188.22 million, this company’s outstanding shares have now reached $206.26 million.

Let’s look at the performance matrix of the company that is accounted for Nov 30 2023 employees.

Wendy’s Co (WEN) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Wendy’s Co stocks. The insider ownership of Wendy’s Co is 8.75%, while institutional ownership is 76.10%. The most recent insider transaction that took place on Dec 01, was worth 383,626. In this transaction Director of this company sold 20,000 shares at a rate of $19.18, taking the stock ownership to the 30,407 shares. Before that another transaction happened on Aug 22, when Company’s Director sold 2,905,569 for $20.30, making the entire transaction worth $58,983,051. This insider now owns 17,827,059 shares in total.

Wendy’s Co (WEN) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $0.27 earnings per share (EPS) during the time that was better than consensus figure (set at $0.25) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

Wendy’s Co (NASDAQ: WEN) Trading Performance Indicators

You can see what Wendy’s Co (WEN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.83. Likewise, its price to free cash flow for the trailing twelve months is 15.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.93

Technical Analysis of Wendy’s Co (WEN)

Wendy’s Co (NASDAQ: WEN) saw its 5-day average volume 2.15 million, a negative change from its year-to-date volume of 2.66 million. As of the previous 9 days, the stock’s Stochastic %D was 60.54%. Additionally, its Average True Range was 0.36.

During the past 100 days, Wendy’s Co’s (WEN) raw stochastic average was set at 42.64%, which indicates a significant decrease from 85.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.19% in the past 14 days, which was lower than the 22.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.36, while its 200-day Moving Average is $20.47. Nevertheless, the first resistance level for the watch stands at $19.45 in the near term. At $19.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.81. If the price goes on to break the first support level at $19.09, it is likely to go to the next support level at $18.87. Assuming the price breaks the second support level, the third support level stands at $18.73.

Wendy’s Co (NASDAQ: WEN) Key Stats

There are 208,834K outstanding shares of the company, which has a market capitalization of 3.98 billion. As of now, sales total 2,096 M while income totals 177,370 K. Its latest quarter income was 550,560 K while its last quarter net income were 58,050 K.