Chipotle Mexican Grill (NYSE:CMG) has been under a strong bear grip, hence the stock is down -2.94% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.19% in the past 1 week. The stock has risen by 1.47% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.37% in the past 4 weeks.
The company shares have dropped -39.25% 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 $415.78 and the 200 Day Moving Average price is recorded at $454.41.
The stock has recorded a 20-day Moving Average of 0.46% and the 50-Day Moving Average is 5.91%.
Chipotle Mexican Grill (NYSE:CMG): stock turned positive on Friday. Though the stock opened at $393, the bulls momentum made the stock top out at $404.09 level for the day. The stock recorded a low of $392.1 and closed the trading day at $399.71, in the green by 2.29%. The total traded volume for the day was 1,070,873. The stock had closed at $390.78 in the previous days trading.
In an insider trading activity, Ells Steve, director officer (Chairman & Co-CEO) of Chipotle Mexican Grill Inc, unloaded 21,000 shares at an average price of $440.65 on May 31, 2016. The total amount of the transaction was worth $9,253,650, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.