Dunkin Brands Group (DNKN) has been under a strong bear grip, hence the stock is down -0.74% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.06% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.6% in the last 1 week, and is up 3.6% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 5.01% and the 50-Day Moving Average is 4.63%.
Dunkin Brands Group (NASDAQ:DNKN): The stock opened at $46.73 on Friday but the bulls could not build on the opening and the stock topped out at $47.27 for the day. The stock traded down to $46.38 during the day, due to lack of any buying support eventually closed down at $46.60 with a loss of -0.30% for the day. The stock had closed at $46.74 on the previous day. The total traded volume was 1,319,078 shares.
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% . During last six month period, the net percent change held by insiders has seen a change of -6.6%. In a related news,The officer (SVP,Chief Communication Offcr) of Dunkin Brands Group, Inc., Raskopf Karen sold 19,200 shares at $46.75 on May 9, 2016. The Insider selling transaction had a total value worth of $897,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.