Yum! Brands Inc. is a As the parent company for more than 50,100 restaurant locations, Yum Brands operates one of the largest global quick-service restaurant systems.
Among the biggest risers on the S&P 500 on Wednesday February 10 was Yum! Brands Inc. ($YUM), popping some 1.65% to a price of $104.82 a share with some 1.99 million shares trading hands.
Starting the day trading at $103.78, Yum! Brands Inc. reached an intraday high of $105.34 and hit intraday lows of $102.99. Shares gained $1.7 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 300 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $54.96 to $110.67.
As the parent company for more than 50,100 restaurant locations, Yum Brands operates one of the largest global quick-service restaurant systems. Concepts include KFC (24,600 units), Pizza Hut (17,800), Taco Bell (7,400), and The Habit (280). Yum Brands generated $53 billion in system sales in 2019 (53% KFC, 25% Pizza Hut, 22% Taco Bell). In November 2016, Yum China was spun out as a stand-alone company, but it is paying 3% of systemwide sales to Yum Brands annually as a trademark franchisee. Franchisees operated 98% of Yum Brand locations as of September 2020.
Yum! Brands Inc. has its corporate headquarters located in Louisville, KY and employs 34,000 people. Its market cap has now risen to $31.45 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B -3.99, and P/FCF n/a.