Arcos Dorados Holding Inc (NYSE:ARCO) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: March 20, 2017
Zacks Investment Research has downgraded Arcos Dorados Holding Inc (NYSE:ARCO) to Sell in a statement released on 03/20/2017.
Boasting a price of $7.25, Arcos Dorados Holding Inc (NYSE:ARCO) traded -1.36% lower on the day. With the last stock price close up 24.49% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Arcos Dorados Holding Inc has recorded a 50-day average of $6.32 and a two hundred day average of $5.82. Volume of trade was up over the average, with 687,069 shares of ARCO changing hands over the typical 528,682
With a total market value of $0, Arcos Dorados Holding Inc has P/E ratio of 25.00 with a 52 week low of $2.97 and a 52 week high of $7.90 .
Brief Synopsis On Arcos Dorados Holding Inc (NYSE:ARCO)
Arcos Dorados Holdings Inc. is a McDonald's franchisee. The Company operates or franchises over 2,140 McDonald's-branded restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay. Its menus feature over three tiers of products: entry-level options, such as its Big Pleasures, Small Prices offerings and Almuerzos Colombianos (Colombian Lunches) in Colombia; core menu options, such as the Big Mac, Happy Meal and Quarter Pounder, and premium options, such as Big Tasty or Angus premium hamburgers and chicken sandwiches and low-calorie or low-sodium products.
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