Denny’s Corp. (NASDAQ:DENN) shares, rose in value, with the stock price down by -2.18% to the previous day’s close as strong demand from buyers drove the stock to $8.07.
Actively observing the price movement in the last trading, the stock closed the session at $8.25. The PE ratio was 22.75 over 12-month period. Referring to stock’s 52-week performance, its high was $12.53, and the low was $8.00. On the whole, DENN has fluctuated by -10.93% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 471.13M, with a low estimate of 112.48M and a high estimate of 122.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 115.16M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DENN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell 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 2.53, with the price of DENN currently trading nearly -4.62% and -8.73% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.12, while the 7-day volatility ratio is showing 2.50% which for the 30-day chart, stands at 2.65%. Furthermore, Denny’s Corp. (DENN)’s beta value is 1.93, and its average true range (ATR) is 0.23.
A comparison of Denny’s Corp. (DENN) with its peers suggests the former has fared considerably weaker in the market. DENN showed an intraday change of -2.18% in last session, and over the past year, it shrunk by -24.15%%.
Data on historical trading for Denny’s Corp. (NASDAQ:DENN) indicates that the trading volumes over the past 3 months, they’ve averaged 458.44K. According to company’s latest data on outstanding shares, there are 52.24 million shares outstanding.
Nearly 4.62% of Denny’s Corp.’s shares belong to company insiders and institutional investors own 86.43% of the company’s shares. The stock has fallen by -25.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DENN stock heading into the next quarter.
