Denny’s Corporation (NASDAQ:DENN) went up by 6.76% from its latest closing price compared to the recent 1-year high of $17.40. The company’s stock price has collected 10.49% of gains in the last five trading sessions.
Is It Worth Investing in Denny’s Corporation (NASDAQ :DENN) Right Now?
Denny’s Corporation (NASDAQ:DENN) scored a price-to-earnings ratio above its average ratio, recording 8.52 x from its present earnings ratio. Plus, the 36-month beta value for DENN is at 1.62. Opinions of the stock are interesting as 3 analysts out of 8 who provided ratings for Denny’s Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $13.33, which is $3.22 above the current price. DENN currently public float of 59.36M and currently shorts hold a 4.78% ratio of that float. Today, the average trading volume of DENN was 851.53K shares.
DENN’s Market Performance
DENN stocks went up by 10.49% for the week, with a monthly jump of 8.94% and a quarterly performance of -22.94%, while its annual performance rate touched -28.09%. The volatility ratio for the week stands at 5.73% while the volatility levels for the past 30 days are set at 4.32% for Denny’s Corporation. The simple moving average for the period of the last 20 days is 10.69% for DENN stocks with a simple moving average of -23.65% for the last 200 days.
Analysts’ Opinion of DENN
Many brokerage firms have already submitted their reports for DENN stocks, with Wedbush repeating the rating for DENN by listing it as a “Neutral.” The predicted price for DENN in the upcoming period, according to Wedbush is $10 based on the research report published on June 24th of the current year 2022.
Citigroup, on the other hand, stated in their research note that they expect to see DENN reach a price target of $15. The rating they have provided for DENN stocks is “Neutral” according to the report published on April 12th, 2022.
The Benchmark Company gave a rating of “Buy” to DENN, setting the target price at $19 in the report published on December 02nd of the previous year.
DENN Trading at 7.72% from the 50-Day Moving Average
After a stumble in the market that brought DENN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.90% of loss for the given period.
Volatility was left at 4.32%, however, over the last 30 days, the volatility rate increased by 5.73%, as shares surge +12.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.88% upper at present.
During the last 5 trading sessions, DENN rose by +10.49%, which changed the moving average for the period of 200-days by -33.49% in comparison to the 20-day moving average, which settled at $9.19. In addition, Denny’s Corporation saw -36.81% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at DENN starting from Robinson Donald C., who sale 15,938 shares at the price of $16.01 back on Nov 08. After this action, Robinson Donald C. now owns 0 shares of Denny’s Corporation, valued at $255,116 using the latest closing price.
WOLFINGER F MARK, the President of Denny’s Corporation, sale 10,000 shares at $16.36 during a trade that took place back on Aug 31, which means that WOLFINGER F MARK is holding 786,771 shares at $163,618 based on the most recent closing price.
Stock Fundamentals for DENN
Current profitability levels for the company are sitting at:
- +14.76 for the present operating margin
- +31.88 for the gross margin
The net margin for Denny’s Corporation stands at +19.61. Equity return is now at value -101.60, with 18.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.