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Shares of Dunkin' Brands G Has Risen Above Previous 52-Week High

By Shiri Gupta

Shares of Dunkin' Brands G (NASDAQ:DNKN) traded at a new 52-week high today of $71.50. Approximately 177,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.

Dunkin' Brands Group Inc. franchises quick service restaurants (""QSRs"") serving hot and cold coffee and baked goods, as well as ice cream. The Company operates primarily in the breakfast part of the day within the QSR segment of the restaurant industry. Dunkin' Brands Group operates worldwide.

Over the past year, Dunkin' Brands G has traded in a range of $41.29 to $71.50 and is now at $71.09, 72% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.4%.

Dunkin' Brands G (NASDAQ:DNKN) is currently priced 11.1% above its average consensus analyst price target of $63.22. Dunkin' Brands G shares have support at the 50-day moving average (MA) of $66.70 and additional support at the 200-day MA of $61.64.

SmarTrend recommended that subscribers consider buying shares of Dunkin' Brands G on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $63.08. Since that recommendation, shares of Dunkin' Brands G have risen 13.0%. We continue to monitor DNKN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows dunkin' brands g

Ticker(s): DNKN