Wendy’s Co (NASDAQ:WEN) shares, rose in value on Wednesday, January 22, without any change to the previous day’s close as strong demand from buyers drove the stock to $14.17.
Actively observing the price movement in the last trading, the stock closed the session at $14.17, falling within a range of $13.975 and $14.335. The value of beta (5-year monthly) was 0.783 whereas the PE ratio was 15.08 over 12-month period. Referring to stock’s 52-week performance, its high was $20.65, and the low was $14.12. On the whole, WEN has fluctuated by -15.05% over the past month.
With the market capitalization of Wendy’s Co currently standing at about $2.89 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 7.06%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WEN’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 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.20, with the price of WEN currently trading nearly -9.19% and -16.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 16.01, while the 7-day volatility ratio is showing 2.72% which for the 30-day chart, stands at 2.34%. Furthermore, Wendy’s Co (WEN)’s beta value is 0.76, and its average true range (ATR) is 0.39.
A comparison of Wendy’s Co (WEN) with its peers suggests the former has fared considerably weaker in the market. WEN showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -26.16%%.
Data on historical trading for Wendy’s Co (NASDAQ:WEN) indicates that the trading volumes over the past 10 days have averaged 4.95 and over the past 3 months, they’ve averaged 3.86 million. According to company’s latest data on outstanding shares, there are 203.09 million shares outstanding.
Nearly 8.80% of Wendy’s Co’s shares belong to company insiders and institutional investors own 81.01% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.19 million shares as on 2024-12-31, resulting in a short ratio of 3.55. According to the data, the short interest in Wendy’s Co (WEN) stood at 827.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 13.2 million. The stock has fallen by -13.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WEN stock heading into the next quarter.
