Aramark (ARMK) Shares are Up 1.37%

Aramark (ARMK) : Traders are bullish on Aramark (ARMK) as it has outperformed the S&P 500 by a wide margin of 5.16% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.04%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.37% in the last 1 week, and is up 4.94% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.71% and the fifty day Moving Average is 6.86%. Aramark is up 13.29% in the last three month period. Year-to-Date the stock performance stands at 17.64%.

Aramark (ARMK) : 6 Wall Street analysts covering Aramark (ARMK) believe that the average level the stock could reach for the short term is $42.17. The maximum price target given is $44 and the minimum target for short term is around $40, hence the standard deviation is calculated at $1.33.


Aramark (NYSE:ARMK): stock turned positive on Friday. Though the stock opened at $37.6, the bulls momentum made the stock top out at $37.98 level for the day. The stock recorded a low of $37.39 and closed the trading day at $37.62, in the green by 0.45%. The total traded volume for the day was 2,737,362. The stock had closed at $37.45 in the previous days trading.

Aramark, formerly ARAMARK Holdings Corporation, is a global provider of food, facilities and uniform services to education, healthcare, business and industry and sports, leisure and corrections clients. The Companys core market is North America. It serves students, patients, employees, sports fans and guests worldwide. It serves over 500 million meals annually to approximately five million students at colleges, universities, and K-12 schools, services over 2,000 healthcare facilities, caters to approximately 100 million sports fans, and operates in 22 countries in North America, Europe, Asia and South America, as of September 28, 2012. It operates in three reportable segments: food and Support Services North America, or FSS North America, Food and Support Services International, or FSS International, and Uniform and Career Apparel, or Uniform.

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