McDonald’s, American Express Company and Merck Gain despite Negative Dow Jones

US stock markets saw correction on Tuesday as the Dow Jones Industrial Average fell 0.49 percent or 64.94 to settle at 13,199.55 for the day. Standard & Poor’s 500 index declined 0.40 percent or 5.66 points to close at 1,413.38 while NASDAQ Composite slipped 0.20 percent or 6.13 points to settle at 3,113.57 in the last trading session. Following DJIA components remained up despite pessimistic sentiments on Wall Street.

McDonald’s Corp. (MCD) surged 1.06% in its last trading session to close at $99.40. Total of 5.42M shares were traded while on average the share price trades with volume figure of 5.70M shares per day. The share price’s market capitalization stood at $101.24B by the end of the trading session while its total outstanding shares accumulate up to 1.02B. The stock price moved 18.86 times to its earnings per share in the last trading session. The share price is trading at dividend yield of 2.82 percent. The company’s total outstanding common stock accumulates up to 1.02B shares out of which 69% shares are held by different institutions.

American Express Company (AXP) advanced 1.00% in to close at $58.39. Total of 5.78M shares were traded while on average the share price trades with volume figure of 6.30M shares per day. The share price’s market capitalization stood at $70.18B by the end of the trading session while its total outstanding shares accumulate up to 1.20B. The stock price moved 14.29 times to its earnings per share in the last trading session. The share price is trading at dividend yield of 1.37 percent. The company’s total outstanding common stock accumulates up to 1.20B shares out of which 80% shares are held by different institutions.

Merck & Co. Inc. (MRK) gained 0.55% in its last trading session to close at $38.72. Total of 10.98M shares were traded while on average the share price trades with volume figure of 15.43M shares per day. The share price’s market capitalization stood at $117.86B by the end of the trading session while its total outstanding shares accumulate up to 3.04B. The stock price moved 19.10 times to its earnings per share in the last trading session. The share price is trading at dividend yield of 4.34 percent. The company’s total outstanding common stock accumulates up to 3.04B shares out of which 75% shares are held by different institutions.

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Rehan Khan

About Rehan Khan

Rehan Khan has been involved in the financial sector for last 6 years. During that time he has been associated with many financial institutions, banks and brokerages. Rehan is also a graduate in finance and has been writing for last 2 years for various web publications, specializing in US stock markets, penny stocks, forex and commodities.

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