Denny’s Corp’s recent filing unveils that its EVP, Chief Financial Officer Verostek Robert P. acquired Company’s shares for reported $65299.0 on Jun 14 ’24. In the deal valued at $6.53 per share,10,000 shares were bought. As a result of this transaction, Verostek Robert P. now holds 24,000 shares worth roughly $0.17 million.
Then, Gilmore Jay C bought 12,000 shares, generating $78,118 in total proceeds. Upon buying the shares at $6.51, the Sr. VP, CAO & Corp. Controller now owns 121,227 shares.
Before that, LAUDERBACK BRENDA J sold 11,145 shares. Denny’s Corp shares valued at $82,009 were divested by the Director at a price of $7.36 per share. As a result of the transaction, LAUDERBACK BRENDA J now holds 15,406 shares, worth roughly $0.11 million.
Wedbush upgraded its Denny’s Corp [DENN] rating to an Outperform from a a Neutral in a research note published on February 07, 2025; the price target was increased to $10 from $6. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in late October from “a Neutral” to “a Buy”. Piper Sandler began covering DENN with “Neutral” recommendation on July 18, 2023. Wedbush revised its rating on December 21, 2022. It rated DENN as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of DENN
On Friday, Denny’s Corp [NASDAQ:DENN] saw its stock jump 6.34% to $7.04. Over the last five days, the stock has gained 11.22%. Denny’s Corp shares have risen nearly 16.36% since the year began. Nevertheless, the stocks have fallen -30.78% over the past one year. While a 52-week high of $10.53 was reached on 02/07/25, a 52-week low of $5.37 was recorded on 01/13/25. SMA at 50 days reached $6.20, while 200 days put it at $6.66.
Levels Of Support And Resistance For DENN Stock
The 24-hour chart illustrates a support level at 6.82, which if violated will result in even more drops to 6.60. On the upside, there is a resistance level at 7.46. A further resistance level may holdings at 7.88. The Relative Strength Index (RSI) on the 14-day chart is 67.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.47%. Stochastics %K at 69.32% indicates the stock is a holding.
How much short interest is there in Denny’s Corp?
A steep rise in short interest was recorded in Denny’s Corp stocks on 2025-01-15, growing by 0.4 million shares to a total of 1.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.58 million shares. There was a rise of 20.25%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 29, 2022 when CL King began covering the stock and recommended ‘”a Buy”‘ rating along with a $14 price target.
