Restaurants Stocks’ Research Reports Released on Jack in the Box, McDonald’s, Cheesecake Factory, and Wendy’s
Posted On March 28, 2018
Theo tin Wall St. Equities or prnewswire.com
NEW YORK, March 28, 2018 /PRNewswire/ —
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on JACK, MCD, CAKE, and WEN which can be accessed for free by signing up to www.wallstequities.com/registration. This morning, WallStEquities.com covers the recent performance of Jack in the Box Inc. (NASDAQ: JACK), McDonald’s Corp. (NYSE: MCD), The Cheesecake Factory Inc. (NASDAQ: CAKE), and The Wendy’s Co. (NASDAQ: WEN). Companies in the Restaurants industry are essentially retailers of prepared foods, and their operating performance is influenced by many of the same factors that affect traditional retail stores. All you have to do is sign up today for this free limited time offer by clicking the link below.
Jack in the Box
San Diego, California-based Jack in the Box Inc.’s stock finished Tuesday’s session 1.02% lower at $84.05 with a total trading volume of 517,463 shares. The stock is trading below their 50-day moving average by 5.11%. Shares of the Company, which operates and franchises Jack in the Box quick-service restaurants and Qdoba Mexican Eats fast-casual restaurants primarily in the US, have a Relative Strength Index (RSI) of 36.94.
On March 21st, 2018, Jack in the Box (JACK) announced that it has completed the sale of Qdoba Restaurant Corporation to an affiliate of certain funds managed by affiliates of Apollo Global Management, LLC for approximately $305 million in cash. In connection with the sale, JACK will make a prepayment of $260 million to retire outstanding debt under its term loan, as required by the terms of its credit facility.
On March 26th, 2018, research firm Morgan Stanley downgraded the Company’s stock rating from ‘Overweight’ to ‘Equal-Weight’. Get the full research report on JACK for free by clicking below at: www.wallstequities.com/registration/?symbol=JACK
Shares in Oak Brook, Illinois-based McDonald’s Corp. ended at $157.48, down slightly by 0.34% from the last trading session. The stock recorded a trading volume of 3.20 million shares. The Company’s shares have gained 21.62% over the past year. The stock is trading 2.97% below its 200-day moving average. Moreover, shares of McDonald’s, which operates and franchises McDonald’s restaurants in the US and internationally, have an RSI of 44.31.
On March 21st, 2018, McDonald’s announced the new McCafé Turtle beverages. Beginning this April, coffee lovers across the US can choose from an Iced Turtle Macchiato, Turtle Macchiato, or Iced Turtle Coffee at participating restaurants for a limited time. Gain free access to the research report on MCD at: www.wallstequities.com/registration/?symbol=MCD
Calabasas, California headquartered The Cheesecake Factory Inc.’s stock ended yesterday’s session 0.90% higher at $48.31 with a total trading volume of 941,219 shares. The stock is trading 0.91% and 4.04% above their 50-day and 200-day moving averages, respectively. Shares of the Company, which operates restaurants in the US, have an RSI of 50.32. Signing up today on Wall St. Equities will give you access to the latest report on CAKE at: www.wallstequities.com/registration/?symbol=CAKE
On Tuesday, shares in Dublin, Ohio headquartered The Wendy’s Co. recorded a trading volume of 3.12 million shares. The stock finished 0.23% higher at $17.16. The Company’s shares have advanced 3.25% in the last month, 4.38% in the previous three months, and 28.35% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.99% and 9.73%, respectively. Furthermore, shares of Wendy’s, which through its subsidiaries, operates as a quick-service restaurant company, have an RSI of 54.92.
On March 08th, 2018, research firm Longbow upgraded the Company’s stock rating from ‘Neutral’ to ‘Buy’.
On March 08th, 2018, Wendy’s recognized ten Company employees for exemplary volunteer efforts in their communities with a $2,500 grant to an organization they support with their time, talents, and resources. The Community Ambassador of the Year was selected from this group and awarded an additional $10,000 grant for their organization. Register now for today’s free coverage on WEN at: www.wallstequities.com/registration/?symbol=WEN
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