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Denny's (DENN) Catches Eye: Stock Adds 5.9% in Session

Denny's Corporation DENN was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside was driven by the company’s announcement of better-than-expected earnings and revenues for the first quarter of 2016. This led to solid volume too with far more shares changing hands than in a normal session. Yesterday’s rally breaks the recent trend of the company as the stock is now trading above the volatile price range of $9.89 to $10.32 in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Denny's currently carries a Zacks Rank #2 (Buy).

Another favorably ranked stock in the Retail-Restaurants industry is Carrols Restaurant Group, Inc. TAST, which sports a Zacks Rank #1 (Strong Buy).

Is DENN going up? Or down? Predict to see what others think: Up or Down

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
DENNY'S CORP (DENN): Free Stock Analysis Report
 
CARROLS RESTRNT (TAST): Free Stock Analysis Report
 
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