Yum Reaches New 52-Week High (YUM)

NEW YORK ( TheStreet) -- Yum Brands (NYSE: YUM) hit a new 52-week high Friday as it is currently trading at $77.07, above its previous 52-week high of $75.15 with 911,577 shares traded as of 9:50 a.m. ET. Average volume has been 3.4 million shares over the past 30 days.

Yum has a market cap of $32.21 billion and is part of the services sector and leisure industry. Shares are up 8.9% year to date as of the close of trading on Thursday.

YUM! Brands, Inc., together with its subsidiaries, operates quick service restaurants in the United States and internationally. It operates in six segments: YUM Restaurants China, YUM Restaurants International, Taco Bell U.S., KFC U.S., Pizza Hut U.S., and YUM Restaurants India. The company has a P/E ratio of 30.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Yum as a buy. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Yum Ratings Report.

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