Why is Restaurant Brand falling/rising?
As of 24-Jun, Restaurant Brands Asia Ltd's stock price is at 80.59, down 0.15%. Despite a recent short-term gain, the stock has significantly underperformed over the past year and faces long-term financial challenges, indicating a difficult outlook.
As of 24-Jun, Restaurant Brands Asia Ltd's stock price is currently at 80.59, reflecting a decline of 0.12 or 0.15%. The stock has recently underperformed its sector by 1.18% and has experienced a trend reversal, falling after three consecutive days of gains. Over the past week, the stock has shown a positive return of 6.25%, but it has underperformed on a monthly basis with a decline of 3.82%. Additionally, the stock has faced significant long-term challenges, with a return of -23.76% over the past year and -23.83% over the last three years. High institutional holdings at 60.81% indicate confidence from larger investors, yet the company's weak long-term fundamentals, including a 0% Return on Capital Employed and a high Debt to EBITDA ratio of 5.02 times, raise concerns about its financial health.In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has gained 0.58% over the past week and 0.41% over the past month. While the stock has shown some short-term recovery, its overall performance remains weak compared to the benchmark, which has increased by 5.01% year-to-date. The decline in delivery volume by 44.55% against the five-day average further suggests falling investor participation, contributing to the stock's downward movement. Overall, the combination of weak fundamentals, declining investor interest, and consistent underperformance against the benchmark indicates a challenging environment for Restaurant Brands Asia Ltd.
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