Shares of Starbucks jumped 1.14% to $104.50 at 13:22 EST on Tuesday, following yesterday’s upward trend. The Nasdaq Stock Market is jumping 0.67% to $12,523.00, following yesterday’s upward trend, This seems, up to now, a somewhat positive trend trading session today.
Starbucks’s last close was $103.32, 1.52% under its 52-week high of $106.09.
Starbucks’s sales growth is a negative 1.9% for the ongoing quarter and 11.9% for the next. The company’s growth estimates for the current quarter is a negative 29.1% and positive 87.5% for the next.
Year-on-year quarterly revenue growth declined by 8.1%, now sitting on 23.52B for the twelve trailing months.
Starbucks’s Stock Top and Bottom Yearly Value
Starbucks’s stock is valued at $104.50 at 13:22 EST, below its 52-week high of $106.09 and way above its 52-week low of $50.02.
Starbucks’s Moving Average
Starbucks’s value is above its 50-day moving average of $95.87 and way higher than its 200-day moving average of $84.45.
Previous days news about Starbucks
Some like it cold: Starbucks sold $1 billion in chilled drinks in last 3 years. According to MarketWatch on Thu Dec 10, “”Cold has grown by nearly 45% the past four years,” said Rosalind Brewer, Starbucks’ chief operating officer, during a Wednesday investor event, according to a FactSet transcript.”