Yum! Brands (YUM) has risen sharply, recording gains of 3.47% in the past 4 weeks. However, the stock has corrected -0.76% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.96% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Yum! Brands (NYSE:YUM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $88.81 and $88.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $89.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $88.74, notching a gain of 0.36% for the day. The total traded volume was 1,738,974 . The stock had closed at $88.42 on the previous day.
The stock has recorded a 20-day Moving Average of 0.66% and the 50-Day Moving Average is 4.64%. Yum! Brands, Inc. is up 10.2% in the last 3-month period. Year-to-Date the stock performance stands at 23.64%.
Yum! Brands (YUM) : Currently there are 16 street experts covering Yum! Brands (YUM) stock. The most bullish and bearish price target for the stock is $100 and $83 respectively for the short term. The average price target of all the analysts comes to $92.44. The estimated standard deviation from the target is $5.19.
YUM! Brands, Inc. (YUM) is engaged in restaurant business. YUM develops, operates, franchises and licenses a system of both traditional and non-traditional Quick Service Restaurants (QSR), which prepare, package and sell a menu of food items. YUM operates in five segments: YUM China, which includes all operations in mainland China; YUM India, which includes all operations in India, Bangladesh, Nepal and Sri Lanka; The KFC Division, which includes all operations of the KFC concept outside of China Division and India Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division and India Division; and the Taco Bell Division , which includes all operations of the Taco Bell concept outside of India Division. Its three Concepts focus on the chicken, pizza and Mexican-style food categories. The Company operates approximately 41,000 restaurants in approximately 125 countries and territories.