McDonald’s Corp (NYSE:MCD) shares, rose in value on Thursday, April 25, with the stock price down by -0.21% to the previous day’s close as strong demand from buyers drove the stock to $276.16.
Actively observing the price movement in the recent trading, the stock is buoying the session at $276.75. The PE ratio was 23.88 over 12-month period. Referring to stock’s 52-week performance, its high was $302.39, and the low was $245.73. On the whole, MCD has fluctuated by -0.88% over the past month.
The company’s Forward Dividend Ratio is 6.38, with its dividend yield at 2.31%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 26.85B, with a low estimate of 6.04B and a high estimate of 6.3B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.15B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MCD’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.28, with the price of MCD currently trading nearly 1.35% and -2.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.49, while the 7-day volatility ratio is showing 1.15% which for the 30-day chart, stands at 1.19%. Furthermore, McDonald’s Corp (MCD)’s beta value is 0.71, and its average true range (ATR) is 3.42.
A comparison of McDonald’s Corp (MCD) with its peers suggests the former has fared considerably weaker in the market. MCD showed an intraday change of -0.21% in today’s session so far, and over the past year, it shrunk by -5.27%%.
Data on historical trading for McDonald’s Corp (NYSE:MCD) indicates that the trading volumes over the past 3 months, they’ve averaged 3.34 million. According to company’s latest data on outstanding shares, there are 731.30 million shares outstanding.
Nearly 0.05% of McDonald’s Corp’s shares belong to company insiders and institutional investors own 72.73% of the company’s shares. The stock has fallen by -6.86% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MCD stock heading into the next quarter.
