NEW YORK, November 28, 2017 /PRNewswire/ —
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on CAKE, DNKN, WEN, and ARCO which is a click away at http://www.wallstequities.com/registration. The Global Food Service Market is projected to display a vigorous growth, represented by a CAGR of 7.01% during 2017 to 2022, primarily driven by increasing urbanization and rising spent on dining out by millennials, according to a report by Research and Markets. This morning, WallStEquities.com redirects investors’ attention to the Restaurants space to see how select equities have fared over the previous trading sessions: The Cheesecake Factory Inc. (NASDAQ: CAKE), Dunkin’ Brands Group Inc. (NASDAQ: DNKN), The Wendy’s Co. (NASDAQ: WEN), and Arcos Dorados Holdings Inc. (NYSE: ARCO). In its free research reports, Wall St. Equities offers timely insights on these equities at:http://www.wallstequities.com/registration
Agoura Hills, California headquartered The Cheesecake Factory Inc.’s shares rose 0.89%, finishing Monday’s trading session at $45.23. A total volume of 1.20 million shares was traded, which was higher than their three months average volume of 1.46 million shares. In the last month and the previous three months, the stock has advanced 2.38% and 9.33%, respectively. The Company’s shares are trading above their 50-day moving average by 4.94%. Moreover, shares of Cheesecake Factory, which operates restaurants primarily in the US, have a Relative Strength Index (RSI) of 57.79.
On November 02nd, 2017, research firm Maxim Group reiterated its ‘Buy’ rating on the Company’s stock with a decrease of the target price from $57 a share to $54 a share.
On November 21st, 2017, Cheesecake Factory announced the opening of its newest restaurant in Toronto, Canada. With more than 250 menu selections, including Saturday and Sunday Brunch -handmade, in-house with fresh ingredients – and more than fifty signature cheesecakes and desserts, the Restaurant’s opening provides exciting new choices for shoppers and area residents. Today’s daily Complimentary report on CAKE is accessible at:http://www.wallstequities.com/registration/?symbol=CAKE
Dunkin’ Brands Group
On Monday, shares in Canton, Massachusetts headquartered Dunkin’ Brands Group Inc. recorded a trading volume of 453,507 shares, and ended the session 0.02% higher at $56.24. The stock has gained 1.10% in the last one month, 7.82% over the previous three months, and 7.25% on an YTD basis. The Company’s shares are trading 1.10% above their 50-day moving average and 2.29% above their 200-day moving average. Furthermore, shares of