NEW YORK, November 28, 2016 /PRNewswire/ --
Stock-Callers.com today reviews four U.S. Restaurants equities, which are: Darden Restaurants Inc. (NYSE: DRI), Dunkin' Brands Group Inc. (NASDAQ: DNKN), Chipotle Mexican Grill Inc. (NYSE: CMG), and Sonic Corp. (NASDAQ: SONC). According to the latest IBIS World report, the industry is forecasted to see moderate growth over the five years to 2021, with the fast-casual category leading the overall segment. Additionally, major full-service restaurant chains are expected to increasingly push operations abroad to emerging economies for growth. You can access of our complimentary research reports on these stocks now at:
Orlando, Florida headquartered Darden Restaurants Inc.'s shares finished Friday's session 0.62% higher at $74.95 with a total trading volume of 278,735 shares. The stock has surged 22.55% in the last month, 23.61% over the previous three months and 21.81% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 16.29% and 18.31%, respectively. Moreover, shares of Darden Restaurants, which through its subsidiaries, owns and operates full-service restaurants in the US and Canada, have a Relative Strength Index (RSI) of 81.04.
On November 14th, 2016, Darden Restaurants, announced that its Board of Directors has appointed Nana Mensah to the Company's Board, effective immediately. As a result of this action, the Board also voted to expand the number of seats on the Board to eight. Mensah, 64, serves as Chairman and Chief Executive Officer of 'XPORTS, Inc. Previously, he served as the COO of Church's Chicken, a division of AFC Enterprises, Inc., and as President and COO of Long John Silver's Restaurants, Inc. Visit us today and download your complete report on DRI for free at:
Dunkin' Brands Group
Shares in Canton, Massachusetts headquartered Dunkin' Brands Group Inc. ended 0.07% higher at $53.99 with a total trading volume of 450,853 shares. The stock has advanced 13.46% in the last month, 10.82% over the previous three months and 30.05% since the start of this year. The Company's shares are trading 8.95% and 16.16% above their 50-day and 200-day moving averages, respectively. Moreover, shares of Dunkin' Brands Group, which together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the Dunkin' Donuts and Baskin-Robbins brands worldwide, have an RSI of 74.42.
On November 14th, 2016, Dunkin' Donuts announced the signing of a multi-unit store development agreement with franchise group Safari Foods Inc. to develop six restaurants in Greenville and three new restaurants in Raleigh-Durham, North Carolina over the next several years. The first restaurant is planned to open in Greenville in 2017. The complimentary research report on DNKN can be accessed at:
Chipotle Mexican Grill
Denver, Colorado-based Chipotle Mexican Grill Inc.'s shares declined 0.03%, closing the session at $410.28. A total volume of 355,646 shares was traded. The stock has gained 11.48% in the last one month. The Company's shares are trading 1.87% above their 50-day moving average. Additionally, shares of Chipotle Mexican Grill, which together with its subsidiaries, develops and operates fast-casual fresh Mexican food restaurants, have an RSI of 56.46.
On November 17th, 2016, research firm Guggenheim downgraded the Company's stock rating from 'Neutral' to 'Sell'. Register for free on Stock-Callers.com and download the PDF research report on CMG at:
On Friday, shares in Oklahoma City, Oklahoma headquartered Sonic Corp. closed the session 1.19% higher at $28.12. A total volume of 269,607 shares was traded. The stock has gained 27.31% in the last month and 0.56% over the previous three months. Shares of the Company, which operates and franchises a chain of quick-service drive-in restaurants in the US, are trading above their 50-day moving average by 10.44%. Furthermore, Sonic's stock has an RSI of 68.92.
On November 01st, 2016, SONIC® Drive-In (SONC) is expanding its line of innovative SONIC Blast® Flavor Funnels with the Holiday Pecan Pie Flavor Funnel. "Our introduction of Flavor Funnels in August gave our guests more ways to customize their favorite SONIC Blast to create the ultimate dessert experience," said Scott Uehlein, Vice President of product innovation & development for SONIC. Flavor Funnels and the Holiday Pecan Pie Flavor Funnel are available for a limited time only at SONIC. Get free access to your research report on SONC at:
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