Yum! Brands Inc. (NYSE:YUM), which received almost 44 percent of sales previous year from China-located stores, declined the most in over three years following production in the Asian nation dropped for the initial time in six months, indicating an economic downturn.
Owner of KFC and Taco Bell, Yum Brands declined almost 8 percent to $64.70 at the ending in final trading session of the week, which was its major downfall since Nov. 20, 2008. The shares have increased 9.6 percent so far this year.
Yum intends to kick start 600 new restaurants in China in 2012. The Louisville, Kentucky-located firm’s KFC and Pizza Hut chains have improved sales in the Asian nation with deliverance service and growth into new cities.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Carrols Restaurant Group, Inc. (NASDAQ:TAST) fell -4.10% to settle at $5.85, AFC Enterprises, Inc. (NASDAQ:AFCE) moved down -4.21% to end at $20.46 while The Wendy’s Company (NASDAQ:WEN) jumped +1.74% to finish on Friday at $4.67.
Yum! Brands, Inc. (NYSE:YUM) last session volume of 13.37 million shares was surprisingly higher than its average volume of 3.82 million shares. The stock after opening at $67.74 hit high price of $68.43 and then closed at $64.70 by scoring -8.04%.
The liquidity measure in recent quarter results of the company was recorded 1.01 as current ratio and on the other side the debt to equity ratio was 1.55 and long-term debt to equity ratio also remained 1.40. The Company had total cash at hand $1.10 billion and a book value per share as $4.66 in the most recent quarter.
The stock price volatility was 2.46% for a week and 2.27% for a month as well as price volatility’s Average True Range for 14 days was 1.80 and its beta remained 0.94.
YUM generated revenue of 12.94 billion in the following twelve months and earned $1.51 billion. The Company showed a positive 11.81% in the net profit margin and as well as in its operating margin which remained 15.91%. Company’s annual sales growth for the past five year was 5.72%.
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