2.09% volatility in Wendy’s Co (WEN) last month: This is a red flag warning

On Monday, Wendy’s Co (NASDAQ: WEN) was 0.86% up from the session before settling in for the closing price of $18.60. A 52-week range for WEN has been $17.64 – $23.90.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 6.58%. When this article was written, the company’s average yearly earnings per share was at 3.08%. With a float of $187.31 million, this company’s outstanding shares have now reached $205.40 million.

The extent of productivity of a business whose workforce counts for 15300 workers is very important to gauge.

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 8.84%, while institutional ownership is 78.61%. The most recent insider transaction that took place on Mar 01 ’24, was worth 81,315. In this transaction Director of this company sold 4,500 shares at a rate of $18.07, taking the stock ownership to the 31,304 shares. Before that another transaction happened on Dec 01 ’23, when Company’s Director sold 20,000 for $19.18, making the entire transaction worth $383,626. This insider now owns 30,407 shares in total.

Wendy’s Co (WEN) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 20.60 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.81% during the next five years compared to 10.66% growth over the previous five years of trading.

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 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.77. Likewise, its price to free cash flow for the trailing twelve months is 14.80.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.97, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.11 in one year’s time.

Technical Analysis of Wendy’s Co (WEN)

The latest stats from [Wendy’s Co, WEN] show that its last 5-days average volume of 2.96 million was inferior to 2.98 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 58.53%. Additionally, its Average True Range was 0.39.

During the past 100 days, Wendy’s Co’s (WEN) raw stochastic average was set at 39.30%, which indicates a significant decrease from 65.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.76% in the past 14 days, which was lower than the 21.98% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.55, while its 200-day Moving Average is $19.61. Now, the first resistance to watch is $18.91. This is followed by the second major resistance level at $19.07. The third major resistance level sits at $19.24. If the price goes on to break the first support level at $18.59, it is likely to go to the next support level at $18.42. Assuming the price breaks the second support level, the third support level stands at $18.26.

Wendy’s Co (NASDAQ: WEN) Key Stats

There are 205,360K outstanding shares of the company, which has a market capitalization of 3.85 billion. As of now, sales total 2,182 M while income totals 204,440 K. Its latest quarter income was 540,650 K while its last quarter net income were 46,940 K.