McDonald's Corp (MCD) stock has risen 6.29% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
McDonald's Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MCD!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With MCD Stock Today?
McDonald's Corp (MCD) stock is trading at $259.99 as of 2:04 PM on Tuesday, Dec 7, a rise of $4.20, or 1.64% from the previous closing price of $255.79. The stock has traded between $256.45 and $260.28 so far today. Volume today is less active than usual. So far 1,361,965 shares have traded compared to average volume of 2,801,629 shares.
More About McDonald's Corp
McDonald's is the largest restaurant owner-operator in the world, with trailing 12 month system sales of $109 billion (as of the third quarter of 2021) across 39,680 stores and 119 countries. McDonald's pioneered the franchise model, building its impressive footprint through partnerships with independent restaurant franchisees around the world. The firm earns nearly 60% of its revenue from franchise royalty fees and lease payments, with the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets. McDonald's owns 55% of the real estate and 80% of the buildings in its franchise system, offering it substantial leverage in maintaining quality standards and consistency.
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