Dunkin' Brands Group Inc. (DNKN) Moves Lower on Volume Spike for October 02

Equities Staff  |

Dunkin' Brands Group Inc. (DNKN) traded on unusually high volume on Oct. 02, as the stock lost 1.48% to close at $71.68. On the day, Dunkin' Brands Group Inc. saw 1.04 million shares trade hands on 8,642 trades. Considering that the stock averages only a daily volume of 682,645 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $77.13 and $52.66 over the last 52-weeks, its 50-day SMA is now $72.45, and its 200-day SMA $65.52. Dunkin' Brands Group Inc. has a P/B ratio of -7.34. It also has a P/E ratio of 18.3.

Dunkin Brands Group Inc is franchisors of quick service restaurants serving hot and cold coffee and baked goods, as well as hard-serve ice cream. Its franchisee brands are Dunkin' Donuts and Baskin-Robbins.

Headquartered in Canton, MA, Dunkin' Brands Group Inc. has 1,148 employees and is currently under the leadership of CEO David L. Hoffmann.

For a complete fundamental analysis analysis of Dunkin' Brands Group Inc., check out Equities.com’s Stock Valuation Analysis report for DNKN.

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To get more information on Dunkin' Brands Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: DNKN’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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