Why is Restaurant Brand falling/rising?
As of 24-Sep, Restaurant Brands Asia Ltd is currently priced at 82.74, reflecting a recent upward trend despite a year-to-date decline of 2.50% and a significant 26.13% drop over the past year, indicating potential risks to its financial health. The stock has high institutional holdings but faces challenges with weak long-term fundamentals and negative operating profits.
As of 24-Sep, Restaurant Brands Asia Ltd is experiencing a price increase, currently at 82.74, reflecting a change of 0.49 or 0.6% upward. The stock has shown a positive trend today, gaining after two consecutive days of decline, and has outperformed its sector by 0.34%. Over the past week, the stock has risen by 3.31%, while it has increased by 2.82% over the past month. However, it has faced significant challenges, including a year-to-date decline of 2.50% and a substantial 26.13% drop over the past year. The company has high institutional holdings at 60.5%, which may provide some stability, but it also faces weak long-term fundamentals, including a poor Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio of 5.02 times, indicating potential risks to its financial health.In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 1.18% over the past week and increased by 0.50% over the past month. Despite the stock's short-term gains, its long-term performance has been concerning, with consistent underperformance against the benchmark over the last three years. The stock's negative operating profits and low ability to service debt further complicate its outlook, suggesting that while there may be short-term upward movements, the overall trend remains risky and uncertain.
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