Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Yum China Holdings Inc shares valued at $101,220 were purchased by Aiken Robert Blaine Jr on Aug 16 ’24. At $33.74 per share, Aiken Robert Blaine Jr acquired 3,000 shares. The insider’s holdings grew to 12,088 shares worth approximately $0.42 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Wang Warton purchased 3,700 shares, netting a total of over 128,267 in proceeds. Following the buying of shares at $34.67 each, the insider now holds 25,023 shares.
Before that, Wat Joey had added 3,800 shares to its account. In a trade valued at $129,109, the Chief Executive Officer bought Yum China Holdings Inc shares for $33.98 each. Upon closing the transaction, the insider’s holdings increased to 3,800 shares, worth approximately $9.38 million.
As published in a research note from Macquarie on August 06, 2024, Yum China Holdings Inc [YUMC] has been rated up from an Underperform to an Outperform. Analysts at Deutsche Bank started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of September 22, 2023, Jefferies has increased its “Hold” rating to a “Buy” for YUMC. Earlier on September 15, 2023, CLSA upgraded its rating. Their new recommendation was “a Buy” for YUMC stock which previously was a “an Outperform”.
Analyzing YUMC Stock Performance
During the last five days, there has been a surge of approximately 0.50%. Over the course of the year, Yum China Holdings Inc shares have dropped approximately -18.97%. Shares of the company reached a 52-week high of $44.24 on 02/29/24 and a 52-week low of $28.50 on 08/05/24. A 50-day SMA is recorded $32.23, while a 200-day SMA reached $36.91. Nevertheless, trading volume fell to 5.83 million shares from 3.24 million shares the previous day.
Support And Resistance Levels for Yum China Holdings Inc (YUMC)
According to the 24-hour chart, there is a support level at 33.83, which, if violated, would cause prices to drop to 33.27. In the upper region, resistance lies at 34.72. The next price resistance is at 35.05. RSI (Relative Strength Index) is 60.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.36, which suggests the price will decrease in the coming days. Percent R is at 17.74%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
