Shares of Texas Roadhouse (NASDAQ:TXRH) Sees Large Outflow of Money

Texas Roadhouse (NASDAQ:TXRH) During the most recent session, the shares traded at 0.05 points or 0.11% higher at $45.84. The money flow data is unimpressive with the net money flow value of $(-0.28) million. As per the intraday data, the upticks measured $0.09 million and the downticks measured $0.37 million. As a result, the up/down ratio registered a value of 0.25. The shares have seen 1.19% price change for the week.


The stock has recorded a 20-day Moving Average of 0.91% and the 50-Day Moving Average is 3.9%. The company shares have rallied 22.5% in the past 52 Weeks. On June 9, 2016 The shares registered one year high of $46.81 and one year low was seen on August 24, 2015 at $31.55. The 50-day moving average is $44.74 and the 200 day moving average is recorded at $40.45. S&P 500 has rallied 1.93% during the last 52-weeks.

Texas Roadhouse (NASDAQ:TXRH): The stock opened at $45.71 on Tuesday but the bulls could not build on the opening and the stock topped out at $45.92 for the day. The stock traded down to $45.63 during the day, due to lack of any buying support eventually closed down at $45.65 with a loss of -0.31% for the day. The stock had closed at $45.79 on the previous day. The total traded volume was 361,635 shares.

Currently the company Insiders own 7.4% of Texas Roadhouse shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -28.24% . Institutional Investors own 91.67% of Texas Roadhouse shares. During last six month period, the net percent change held by insiders has seen a change of -14.4%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (General Counsel) of Texas Roadhouse, Inc., Catlett Celia had sold 966 shares worth of $44,629 in a transaction dated June 10, 2016. In this transaction, 966 shares were sold at $46.2 per share.

Texas Roadhouse, Inc. is a full-service, casual dining restaurant company. The Company offers an assortment of seasoned and aged steaks. In addition to steaks, it also offers ribs, fish, seafood, chicken, pork chops, pulled pork and vegetable plates, and an assortment of hamburgers, salads and sandwiches. Its entrees include made-from-scratch yeast rolls and also include the choice of two of the following made-from-scratch sides: baked potato, sweet potato, steak fries, mashed potatoes, house or Caesar salad, green beans, chili, seasoned rice, buttered corn, applesauce and steamed vegetables. Its restaurants offer a full bar that offers draft and bottled beer, different brands of liquor and wine, as well as margaritas. As of December 30, 2014, the Company had 451 restaurants, which included 372 Company restaurants, of which, 356 were wholly-owned and 16 were majority-owned, and 79 franchise restaurants in which, the Company held 5% to 10.0% ownership interest in 23 restaurants.

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