Wingstop Inc (NASDAQ:WING) shares, rose in value on Friday, May 30, with the stock price up by 0.33% to the previous day’s close as strong demand from buyers drove the stock to $341.70.
Actively observing the price movement in the last trading, the stock closed the session at $340.56. The PE ratio was 57.32 over 12-month period. Referring to stock’s 52-week performance, its high was $433.86, and the low was $204.00. On the whole, WING has fluctuated by 29.49% over the past month.
With the market capitalization of Wingstop Inc currently standing at about $9.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.08, with its dividend yield at 0.32%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WING’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.99, with the price of WING currently trading nearly 11.74% and 31.80% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 77.06, while the 7-day volatility ratio is showing 2.31% which for the 30-day chart, stands at 2.79%. Furthermore, Wingstop Inc (WING)’s beta value is 1.88, and its average true range (ATR) is 11.46.
A comparison of Wingstop Inc (WING) with its peers suggests the former has fared considerably weaker in the market. WING showed an intraday change of 0.33% in last session, and over the past year, it shrunk by -12.29%%.
Data on historical trading for Wingstop Inc (NASDAQ:WING) indicates that the trading volumes over the past 3 months, they’ve averaged 894.60K. According to company’s latest data on outstanding shares, there are 27.90 million shares outstanding.
Nearly 0.65% of Wingstop Inc’s shares belong to company insiders and institutional investors own 108.63% of the company’s shares. The stock has risen by 20.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WING stock heading into the next quarter.
