Chipotle Mexican Grill (CMG) : During the past 4 weeks, traders have been relatively bearish on Chipotle Mexican Grill (CMG), hence the stock is down -2.36% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.2% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.29% in the last 1 week, and is up 1.91% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 1.18% and the 50-Day Moving Average is 4.3%.
Chipotle Mexican Grill (NYSE:CMG): The stock opened at $409.63 on Friday but the bulls could not build on the opening and the stock topped out at $411.94 for the day. The stock traded down to $404.10 during the day, due to lack of any buying support eventually closed down at $404.86 with a loss of -3.14% for the day. The stock had closed at $417.98 on the previous day. The total traded volume was 1,579,949 shares.
The company Insiders own 3.58% of Chipotle Mexican Grill shares according to the proxy statements. Institutional Investors own 93.57% of Chipotle Mexican Grill shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chairman & Co-CEO) of Chipotle Mexican Grill Inc, Ells Steve had sold 21,000 shares worth of $9,253,650 in a transaction dated May 31, 2016. In this transaction, 21,000 shares were sold at $440.65 per share.
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.