Stock News Alert: The Wendy’s Company (NASDAQ:WEN)

The Wendy’s Company (NASDAQ:WEN) moved 1.22% to recent value of $23.59. The stock transacted 1641701 shares during most recent day however it has an average volume of 2.26M shares. It spotted trading 0.28% off 52-week high price. On the other end, the stock has been noted 45.20% away from the low price over the last 52-weeks.

On Feb. 20, 2020, The Wendy’s Company (NASDAQ:WEN) revealed the declaration of its regular quarterly cash dividend of $0.12 per share, payable on March 16, 2020, to shareholders of record as of March 2, 2020.

The approximate number of common shares outstanding as of February 18, 2020 was 223.7 million.

About Wendy’s

Wendy’s® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, Quality is our Recipe®, which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never frozen beef*, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company (Nasdaq: WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find every child in the North American foster care system a loving, forever home. , Wendy’s and its franchisees employ hundreds of thousands of people across more than 6,700 restaurants worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand.

WEN has a gross margin of 63.60% and an operating margin of 15.70% while its profit margin remained 7.70% for the last 12 months. Its earnings per share (EPS) expected to touch remained 827.30% for this year while earning per share for the next 5-years is expected to reach at 12.06%.

The company has 230.05M of outstanding shares and 212.83M shares were floated in the market. According to the most recent quarter its current ratio was 2 that represents company’s ability to meet its current financial obligations. The price moved ahead of 5.80% from the mean of 20 days, 7.01% from mean of 50 days SMA and performed 14.92% from mean of 200 days price. Company’s performance for the week was 3.13%, 8.93% for month and YTD performance remained 6.24%.

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