Consumer Discretionary Equities under the Scanner -- Research on Under Armour, Burger King Worldwide, Darden Restaurants, and Arcos Dorados Holdings Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 3, 2014 /PRNewswire/ --
The US markets on Monday, June 2, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,743.63, up 0.16% and the NASDAQ Composite closed at 4,237.20, down 0.13%. The S&P 500 finished the session 0.07% higher at 1,924.97. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 521.58, up 0.32%, with the index advancing 2.39% in the last one month. Investor-Edge has initiated coverage on the following equities: Under Armour Inc. (NYSE: UA), Burger King Worldwide Inc. (NYSE: BKW), Darden Restaurants Inc. (NYSE: DRI) and Arcos Dorados Holdings Inc. (NYSE: ARCO). Free technical research on UA, BKW, DRI and ARCO can be downloaded upon signing up at:
Under Armour Inc.'s stock gained 1.34%, to close the day at $51.47. The stock recorded a trading volume of 2.78 million shares, below its three months average volume of 3.90 million shares. The stock oscillated between $50.66 and $51.73 during the session. Over the last three trading sessions and over the past one month, Under Armour Inc.'s shares have advanced 2.63% and 5.38%, respectively. Further, the stock has gained an upside of 17.92% since the start of this year. The stock is trading above its 200-day moving average of $45.85, while the 200-day moving average is below Under Armour Inc.'s 50-day moving average of $51.54. Additionally, the stock traded at a PE ratio of 65.88 and has a Relative Strength Index (RSI) of 57.10. Sign up today to read free research on UA at:
On Monday, shares in Burger King Worldwide Inc. recorded a trading volume of 0.62 million shares, lower than its three months average volume of 0.68 million shares. The stock ended the day at $26.02, which was 1.28% above its previous day's closing of $25.69, and registered an intraday range of $25.72 and $26.05. Shares of the company traded at a PE ratio of 33.28. Although Burger King Worldwide Inc.'s stock has fallen by 1.55% in the last one month, it has gained 1.60% in the previous three trading sessions and 13.82% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $25.82 and $22.93, respectively. Furthermore, shares of Burger King Worldwide Inc. have an RSI of 51.55. Sign up today to read free research on BKW at:
Darden Restaurants Inc.'s stock finished the Monday's session 1.04% higher at $50.64. A total of 0.91 million shares were traded, which was below its three months average volume of 1.40 million shares. The stock vacillated between $49.92 and $50.69 during the session. Over the previous three trading sessions and over the last one month, Darden Restaurants Inc.'s shares have advanced 0.92% and 1.95%, respectively. However, from the beginning of 2014, the company's stock has fallen by 6.86%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $50.09 is greater than its 50-day moving average of $49.88. Darden Restaurants Inc.'s stock traded at a PE ratio of 20.47 and has an RSI of 53.57. Sign up today to read free research on DRI at:
On Monday, shares in Arcos Dorados Holdings Inc. fluctuated between $8.86 and $9.05 before ending the session 0.45% higher at $8.94. The stock reported a trading volume of 0.64 million shares, close to its three months average volume of 0.69 million shares. Shares of the company traded at a PE ratio of 47.39. Arcos Dorados Holdings Inc.'s shares have fallen by 0.89% in the previous three trading sessions, 2.40% in the last one month, and 26.24% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $9.40 and $10.58, respectively. Moreover, shares of Arcos Dorados Holdings Inc. have an RSI of 47.65. Sign up today to read free research on ARCO at:
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