Shares of Chipotle Mexican Grill (NYSE:CMG) Sees Large Outflow of Money

Chipotle Mexican Grill (NYSE:CMG) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($5.52 million) and the uptick to downtick ratio was 0.95. The transaction value on upticks was $98.09 million and on downticks, the transaction value was $103.61 million. The transaction value of block trades during downticks was $0 million. The money flow was negative ($0 million), indicating the traders were booking profit on the price strength. Chipotle Mexican Grill (NYSE:CMG) rose $16.27 at $407.94, during intraday Wednesday , a rise of 4.15% over the previous days close.


In an insider trading activity,The director officer (Chairman & Co-CEO) of Chipotle Mexican Grill Inc, Ells Steve sold 21,000 shares at $440.65 on May 31, 2016. The Insider selling transaction had a total value worth of $9,253,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 3.58% of Chipotle Mexican Grill shares according to the proxy statements. Institutional Investors own 93.56% of Chipotle Mexican Grill shares.

The company shares have dropped -35.43% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $758.61 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $427.35 and the 200 Day Moving Average price is recorded at $461.47. Chipotle Mexican Grill (NYSE:CMG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $396.43 and $395.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $410.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $409.49, notching a gain of 4.55% for the day. The total traded volume was 1,016,559 . The stock had closed at $391.67 on the previous day.

Chipotle Mexican Grill, Inc. (Chipotle) develops and operates Chipotle Mexican Grill restaurants, which serve a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Company operates 1,755 restaurants in the United States, seven in Canada, six in England, three in France, and one in Germany. The Companys restaurants also include nine ShopHouse Southeast Asian Kitchen restaurants. The Company owns and operates two Pizzeria Locale restaurants, a fast casual pizza concept. It also provides a variety of extras, such as guacamole, salsas and tortilla chips seasoned with fresh lime juice and kosher salt. Its restaurants also offer sodas, fruit drinks, organic milk, beer and margaritas. The average restaurant size is about 2,550 square feet and seats about 58 people. The Companys restaurants also feature outdoor patio space. The Companys restaurants accept orders by fax, online or through an iPhone or Android ordering application.

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