Insider Selling: Denny's Co. Director Sells 18,900 Shares of Stock (DENN)
Denny's Co. (NASDAQ:DENN) Director Brenda J. Lauderback sold 18,900 shares of Denny's Co. stock on the open market in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $6.82, for a total transaction of $128,898.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Denny's Co. (NASDAQ:DENN) traded up 1.61% during mid-day trading on Monday, hitting $6.93. 280,841 shares of the company’s stock traded hands. Denny's Co. has a 1-year low of $5.47 and a 1-year high of $7.51. The stock’s 50-day moving average is $6.52 and its 200-day moving average is $6.56. The company has a market cap of $588.6 million and a price-to-earnings ratio of 24.44.
Denny's Co. (NASDAQ:DENN) last posted its quarterly earnings results on Monday, July 28th. The company reported $0.09 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.08 by $0.01. The company had revenue of $114.61 million for the quarter, compared to the consensus estimate of $114.33 million. During the same quarter in the prior year, the company posted $0.08 earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. Analysts expect that Denny's Co. will post $0.36 EPS for the current fiscal year.
Denny’s Corporation (NASDAQ:DENN) operates a family-style restaurant chains in the United States.
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