Shares of Yum! Brands (NYSE:YUM) traded today at $74.75, breaking its 52-week high. This new high was reached on below average trading volume as 1.6 million shares traded hands, while the average 30-day volume is approximately 3.1 million shares.
Yum! Brands (NYSE:YUM) has potential upside of 6.6% based on a current price of $74.43 and analysts' consensus price target of $79.33. The stock should find initial support at its 50-day moving average (MA) of $67.59 and further support at its 200-day MA of $67.28.
Yum! Brands, Inc, owns and franchises quick-service restaurants worldwide. The Company develops, operates, franchises and licenses a worldwide system of restaurants which prepare, package and sell a menu of food items.
Yum! Brands share prices have moved between a 52-week high of $74.75 and a 52-week low of $53.65 and are now trading 39% above that low price at $74.43 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.2%.