Shares of Wendys Company (The) (NASDAQ:WEN) Sees Large Inflow of Net Money Flow

Wendys Company (The) (NASDAQ:WEN) dropped slightly amid mild profit booking and the last known price was $10.03 per share. The price decreased by -0.23 points or -2.2% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $2.15 million. The total upticks were valued at $3.62 million and the total downticks aggregated to $1.47 million, thereby putting the up/down ratio at 2.46,. The shares have seen a change in the share price of -0.64% on a weekly basis.In a big block trade which occurred today, the total uptick value was $2.25 million and the total downtick value was $0.2, resulting in an up/down ratio of 11.36. The net money flow for the block trade was calculated to be $2.05 million.

Wendys

Currently the company Insiders own 22.7% of Wendys Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 6.82% . Institutional Investors own 77.82% of Wendys Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of 7.86%. On the companys insider trading activities, Penegor Todd Allan, CFO of Wendys Co, executed a transaction worth $104,800 on May 13, 2016. A total of 10,000 shares were purchased at an average price of $10.48. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Wendys Company (The) (NASDAQ:WEN) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.34 points or 3.32% at $9.91 with 2,774,954 shares getting traded. Post opening the session at $10.19, the shares hit an intraday low of $9.91 and an intraday high of $10.23 and the price was in this range throughout the day. The company has a market cap of $2,641 million and the number of outstanding shares have been calculated to be 266,532,510 shares. The 52-week high of Wendys Company (The) (NASDAQ:WEN) is $11.56 and the 52-week low is $8.43.

Many analysts have stated their opinion on the company shares. In a research note released to the investors, Bernstein assumes its rating on Wendys Company (The) (NASDAQ:WEN).The analysts at the brokerage house have a current rating of Market Perform on the shares. The rating by the firm was issued on May 26, 2016.

The Wendys Company is the parent company of its wholly owned subsidiary holding company Wendys Restaurants, LLC (Wendys Restaurants). Wendys Restaurants is the parent company of Wendys International, LLC (Wendys), which is the owner and franchisor of the Wendys restaurant system in the United States. Wendys is the quick-service restaurant company in the hamburger sandwich segment. Wendys is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants serving food. Wendys Restaurants is the parent company of Wendys International, LLC (Wendys), which is the owner and franchisor of the Wendys restaurant system in the United States.

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