• Return to Headlines

Yum! Brands Inc: The Winning Streak Continues (YUM)

By Amy Schwartz

Yum! Brands Inc (NYSE:YUM) traded today at a new 52-week high of $112.15. So far today approximately 116,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.

Yum! Brands Inc (NYSE:YUM) is currently priced 21.9% above its average consensus analyst price target of $87.56. The stock should find initial support at its 50-day moving average (MA) of $106.21 and further support at its 200-day MA of $96.65.

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.

In the past 52 weeks, Yum! Brands Inc share prices have been bracketed by a low of $77.68 and a high of $112.15 and are now at $112.08, 44% above that low price. The 200-day and 50-day moving averages have moved 0.34% higher and 0.50% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Yum! Brands Inc on June 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $105.88. Since that recommendation, shares of Yum! Brands Inc have risen 5.7%. We continue to monitor YUM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows yum! brands inc

Ticker(s): YUM