Yum China Holdings Inc’s recent filing unveils that its Chief Supply Chain Officer HUANG Duoduo (Howard) unloaded Company’s shares for reported $0.3 million on Nov 25 ’24. In the deal valued at $47.47 per share,6,377 shares were sold. As a result of this transaction, HUANG Duoduo (Howard) now holds 16,641 shares worth roughly $0.72 million.
Then, HUANG Duoduo (Howard) bought 6,377 shares, generating $302,716 in total proceeds.
Before that, DING Jerry sold 1,000 shares. Yum China Holdings Inc shares valued at $50,000 were divested by the Chief People Officer at a price of $50.00 per share. As a result of the transaction, DING Jerry now holds 1,478 shares, worth roughly $63746.14000000001.
JP Morgan upgraded its Yum China Holdings Inc [YUMC] rating to an Overweight from a a Neutral in a research note published on November 06, 2024; the price target was increased to $60 from $35.50. A number of analysts have revised their coverage, including Macquarie’s analysts, who increased its forecast for the stock in early August from “an Underperform” to “an Outperform”. Deutsche Bank began covering YUMC with “Buy” recommendation on December 19, 2023. Jefferies revised its rating on September 22, 2023. It rated YUMC as “a Buy” which previously was an “a Hold”.
Price Performance Review of YUMC
On Monday, Yum China Holdings Inc [NYSE:YUMC] saw its stock jump 1.96% to $43.13. Over the last five days, the stock has lost -3.32%. Yum China Holdings Inc shares have fallen nearly -10.46% since the year began. Nevertheless, the stocks have risen 12.35% over the past one year. While a 52-week high of $52.00 was reached on 01/02/25, a 52-week low of $28.50 was recorded on 01/10/25. SMA at 50 days reached $47.57, while 200 days put it at $39.30.
Levels Of Support And Resistance For YUMC Stock
The 24-hour chart illustrates a support level at 42.41, which if violated will result in even more drops to 41.70. On the upside, there is a resistance level at 43.66. A further resistance level may holdings at 44.20. The Relative Strength Index (RSI) on the 14-day chart is 33.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.52%. Stochastics %K at 7.99% indicates the stock is a buying.
How much short interest is there in Yum China Holdings Inc?
A steep rise in short interest was recorded in Yum China Holdings Inc stocks on 2024-12-13, dropping by -3.86 million shares to a total of 10.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 14.45 million shares. There was a decline of -36.47%, which implies that there is a negative sentiment for the stock.
