Arcos Dorados Holdings Inc. Class A Shares (NYSE:ARCO) traded at a new 52-week high today of $8.44. This new high was reached on below average trading volume as 155,000 shares traded hands, while the average 30-day volume is approximately 1.5 million shares.
Based on a current price of $8.23, Arcos Dorados Holdings Inc. Class A Shares is currently 1.1% above its average consensus analyst price target of $8.14.
Arcos Dorados Holdings Inc operates McDonald’s-branded restaurants in approximately 20 countries and territories in Latin America and the Caribbean. It functions through two sources which include company-operated restaurants and franchised restaurants segment. Their menu includes hamburgers, McNuggets, salad , sandwiches, french fries and others.
In the past 52 weeks, shares of Arcos Dorados Holdings Inc. Class A Shares have traded between a low of $4.33 and a high of $8.44 and is now at $8.23, which is 90% above that low price.
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