Shares of Yum! Brands Rise to a New 52-Week High

Published on Wed, 04/22/2015 - 14:37
By Robert Cotter in 52 Week high-lows, YUM, 52 week high/lows, nyse:yum, yum! brands

Shares of Yum! Brands (NYSE:YUM) traded today at $85.30, breaking its 52-week high. So far today approximately 10.5 million shares have been exchanged, as compared to an average 30-day volume of 3.3 million shares.

In the past 52 weeks, shares of Yum! Brands have traded between a low of $65.81 and a high of $85.30 and are now at $84.69, which is 29% above that low price. The 200-day and 50-day moving averages have moved 0.03% lower and 0.48% higher over the past week, respectively.

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 (NYSE:YUM) is currently priced 5.3% above its average consensus analyst price target of $80.24. The stock should find initial support at its 50-day moving average (MA) of $78.52 and further support at its 200-day MA of $74.37.

By Robert Cotter
rcotter@fnno.com

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