Denny’s Corp. (DENN) 20 Days SMA touches 3.38%: The odds favor the bear

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Denny’s Corp. (NASDAQ: DENN) kicked off on Friday, up 8.70% from the previous trading day, before settling in for the closing price of $5.86. Over the past 52 weeks, DENN has traded in a range of $5.59-$11.16.

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Consumer Cyclical Sector giant saw their annual sales slid by -1.31% over the last five years. While this was happening, its average annual earnings per share was recorded -6.70%. With a float of $49.84 million, this company’s outstanding shares have now reached $52.24 million.

The firm has a total of 3500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.42%, operating margin of 10.66%, and the pretax margin is 5.53%.

Denny’s Corp. (DENN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Denny’s Corp. is 2.98%, while institutional ownership is 84.58%. The most recent insider transaction that took place on Jun 14 ’24, was worth 65,299. In this transaction EVP, Chief Financial Officer of this company bought 10,000 shares at a rate of $6.53, taking the stock ownership to the 24,000 shares. Before that another transaction happened on Jun 14 ’24, when Company’s Sr. VP, CAO & Corp. Controller bought 12,000 for $6.51, making the entire transaction worth $78,118. This insider now owns 121,227 shares in total.

Denny’s Corp. (DENN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -6.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% during the next five years compared to -11.84% drop over the previous five years of trading.

Denny’s Corp. (NASDAQ: DENN) Trading Performance Indicators

Take a look at Denny’s Corp.’s (DENN) current performance indicators. Last quarter, stock had a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 9.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.35, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.65 in one year’s time.

Technical Analysis of Denny’s Corp. (DENN)

Analysing the last 5-days average volume posted by the [Denny’s Corp., DENN], we can find that recorded value of 0.65 million was better than the volume posted last year of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 40.84%. Additionally, its Average True Range was 0.26.

During the past 100 days, Denny’s Corp.’s (DENN) raw stochastic average was set at 27.66%, which indicates a significant decrease from 70.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.54% in the past 14 days, which was higher than the 47.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.52, while its 200-day Moving Average is $8.35. Now, the first resistance to watch is $6.55. This is followed by the second major resistance level at $6.73. The third major resistance level sits at $7.08. If the price goes on to break the first support level at $6.02, it is likely to go to the next support level at $5.67. Should the price break the second support level, the third support level stands at $5.49.

Denny’s Corp. (NASDAQ: DENN) Key Stats

The company with the Market Capitalisation of 327.23 million has total of 52,019K Shares Outstanding. Its annual sales at the moment are 463,920 K in contrast with the sum of 19,950 K annual income. Company’s last quarter sales were recorded 115,930 K and last quarter income was 3,570 K.