Krispy Kreme Inc (NASDAQ:DNUT) shares, rose in value on Thursday, March 06, with the stock price down by -2.01% to the previous day’s close as strong demand from buyers drove the stock to $5.84.
Actively observing the price movement in the last trading, the stock closed the session at $5.96. The PE ratio was 379.22 over 12-month period. Referring to stock’s 52-week performance, its high was $17.84, and the low was $5.85. On the whole, DNUT has fluctuated by -33.41% over the past month.
With the market capitalization of Krispy Kreme Inc currently standing at about $994.55 million, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.14, with its dividend yield at 2.40%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.62B, with a low estimate of 380M and a high estimate of 392M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 386.47M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DNUT’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 9.31, with the price of DNUT currently trading nearly -25.04% and -32.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 22.90, while the 7-day volatility ratio is showing 5.81% which for the 30-day chart, stands at 5.92%. Furthermore, Krispy Kreme Inc (DNUT)’s beta value is 1.40, and its average true range (ATR) is 0.49.
A comparison of Krispy Kreme Inc (DNUT) with its peers suggests the former has fared considerably weaker in the market. DNUT showed an intraday change of -2.01% in last session, and over the past year, it shrunk by -53.50%%.
Data on historical trading for Krispy Kreme Inc (NASDAQ:DNUT) indicates that the trading volumes over the past 3 months, they’ve averaged 2.58 million. According to company’s latest data on outstanding shares, there are 170.06 million shares outstanding.
Nearly 51.07% of Krispy Kreme Inc’s shares belong to company insiders and institutional investors own 57.46% of the company’s shares. The stock has fallen by -41.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DNUT stock heading into the next quarter.
