Chipotle Mexican Grill (CMG) : During the past 4 weeks, traders have been relatively bearish on Chipotle Mexican Grill (CMG), hence the stock is down -2.86% 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 -1% relative to the S&P 500. The 4-week change in the price of the stock is -1.86% and the stock has fallen -0.95% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.91% and the 50-Day Moving Average is 2.89%. Chipotle Mexican Grill (NYSE:CMG): On Fridays trading session , Opening price of the stock was $396.71 with an intraday high of $399. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $395.62. However, the stock managed to close at $397.33, a loss of 0.22% for the day. On the previous day, the stock had closed at $398.22. The total traded volume of the day was 793,199 shares.
The company Insiders own 3.58% of Chipotle Mexican Grill shares according to the proxy statements. Institutional Investors own 96.88% of Chipotle Mexican Grill shares. Also, Brokerage firm Stifel Nicolaus downgrades its rating on Chipotle Mexican Grill (NYSE:CMG). The shares have been rated Sell. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on July 26, 2016.
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.