Brinker International (EAT) Shares Slide -2.4%

Brinker International (EAT) has risen sharply, recording gains of 1.95% in the past 4 weeks. However, the stock has corrected -2.4% in the past 1 week, providing a good buying opportunity on dips. Brinker International (EAT) : During the past 4 weeks, traders have been relatively bearish on Brinker International (EAT), hence the stock is down -1.37% 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 -2.34% relative to the S&P 500.

The stock has recorded a 20-day Moving Average of 0.83% and the 50-Day Moving Average is 2.18%. Brinker International, Inc. is up 2.5% in the last 3-month period. Year-to-Date the stock performance stands at -0.35%.


Brinker International (NYSE:EAT): On Fridays trading session , Opening price of the stock was $47.21 with an intraday high of $47.47. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.7. However, the stock managed to close at $47.14, a loss of 0.06% for the day. On the previous day, the stock had closed at $47.17. The total traded volume of the day was 1,073,937 shares.

Brinker International, Inc. (Brinker) owns, develops, operates and franchises the Chilis Grill & Bar (Chilis) and Maggianos Little Italy (Maggianos) restaurant brands. At September 24, 2014, the Company owned, operated or franchised 1,622 restaurants in the United States and 29 countries and two territories outside of the United States. Chilis operates in the Bar and Grill category of casual dining. The Company has operations around the world, with locations in 32 foreign countries and two United States territories. Maggianos is a full-service, casual dining Italian restaurant brand. Its Maggianos restaurants feature individual and family-style menus, and its restaurants also have banquet facilities designed to host party business or social events.

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