Dunkin Brands Group (NASDAQ:DNKN) has tumbled 0.44% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.21% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.75% and the outperformance has advanced to 2.27% for the last 4 weeks period.
Dunkin Brands Group (NASDAQ:DNKN): The stock opened at $45.27 on Friday but the bulls could not build on the opening and the stock topped out at $45.84 for the day. The stock traded down to $44.67 during the day, due to lack of any buying support eventually closed down at $44.98 with a loss of -1.49% for the day. The stock had closed at $45.66 on the previous day. The total traded volume was 2,064,597 shares.
The company shares have dropped -16.50% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $56.79 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $44.98 and the 200 Day Moving Average price is recorded at $44.10.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Raskopf Karen, officer (SVP,Chief Communication Offcr) of Dunkin Brands Group, Inc., had unloaded 19,200 shares at an average price of $46.75 in a transaction dated on May 9, 2016. The total value of the transaction was worth $897,600.
Many analysts have stated their opinion on the company shares. Nomura initiates coverage on Dunkin Brands Group (NASDAQ:DNKN). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on April 20, 2016. Currently the company Insiders own 2.9% of Dunkin Brands Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.6% . Institutional Investors own 99.26% of Dunkin Brands Group shares. During last six month period, the net percent change held by insiders has seen a change of -6.6%.
Dunkin Brands Group, Inc. is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin Donuts and Baskin-Robbins brands. The Company operates business through four segments: Dunkin Donuts-U.S., Dunkin Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. Dunkin Donuts-U.S. segment is a United States QSR concept and markets donut and bagel categories for servings. In addition, it has APODs, such as self-service kiosks in grocery stores, hospitals, airports, offices and other smaller-footprint properties. Baskin-Robbins-U.S. segment is one of the QSR chains in the United States for servings of hard-serve ice cream and develops and sells a range of frozen ice cream treats, such as cones, cakes, sundaes and frozen beverages. It has approximately 11,310 Dunkin Donuts and over 7,552 Baskin-Robbins points of distribution.