Shake Shack, Inc. s trend and data analysis indicates that the stock price has dropped -12.44% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -6.4% . Looking at the past 52 week period, the stock price is down -6.86% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Shake Shack, Inc. has a negative value of -3.31 compared to overall market performance.Shake Shack Inc. is having a Relative Strength Index of 42.77 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Shake Shack, Inc. (NYSE:SHAK) rallied by 3.28% during the past week but lost 12.79% on a 4-week basis. The company has outperformed the S&P 500 by 3.03% in the past week but underperformed the index by 13.79% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Shake Shack, Inc. (NYSE:SHAK) : On Friday heightened volatility was witnessed in Shake Shack, Inc. (NYSE:SHAK) which led to swings in the share price. The stock opened for trading at $31.25 and hit $32.6067 on the upside , eventually ending the session at $32.45, with a gain of 4.44% or 1.38 points. The heightened volatility saw the trading volume jump to 1,313,800 shares. The 52-week high of the share price is $42.94 and the company has a market cap of $1,181 million. The 52-week low of the share price is at $30.36 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Shake Shack Inc was Reiterated by Stifel on Mar 2, 2017 to Hold, Lowers Price Target to $ 33 from a previous price target of $35 .Shake Shack Inc was Downgraded by Buckingham Research to Neutral on Jan 6, 2017.
Company has reported several Insider transactions to the SEC, on Mar 10, 2017, Zach Koff (Chief Operating Officer) sold 2,000 shares at 31.96 per share price.On Mar 7, 2017, Jeffrey J Uttz (Chief Financial Officer) sold 138,000 shares at 33.03 per share price.On Mar 1, 2017, Randall J Garutti (director officer 10% owner (Chief Executive Offic) sold 8,000 shares at 36.55 per share price.
Shake Shack Inc Last issued its quarterly earnings results on Mar 1, 2017. The company reported $0.09 EPS for the quarter. Analyst had a consensus estimate of $0.09. The company had revenue of $73.30 million for the quarter, compared to analysts expectations of $70.68 million. The companys revenue was up 43.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.08 EPS.
Shake Shack Inc. is engaged in owning and operating restaurants. The company offers burgers, hot dogs, frozen custard, crinkle cut fries, beer and wine. It operates primarily in New York, New Jersey, Washington, D.C., Connecticut, Georgia, Illinois, Pennsylvania, Florida, Massachusetts, Virginia, Nevada, London, Istanbul and Dubai. Shake Shack Inc. is headquartered in New York.