Shake Shack (SHAK) Shares are Down -1.79%

Shake Shack (SHAK) : During the past 4 weeks, traders have been relatively bearish on Shake Shack (SHAK), hence the stock is down -11.86% 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 -1.14% relative to the S&P 500. The 4-week change in the price of the stock is -12.05% and the stock has fallen -1.79% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 7.59% and the fifty day Moving Average is 7.01%. Shake Shack Inc. has dropped 7.32% during the last three month period . Year-to-Date the stock performance stands at -11.14%.

Shake Shack (SHAK) : The most positive equity analysts on Shake Shack (SHAK) expects the shares to touch $48, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $40.11 with an expected fluctuation of $5.56 from the mean.


Shake Shack (NYSE:SHAK): On Fridays trading session , Opening price of the stock was $36 with an intraday high of $36.0144. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $34.95. However, the stock managed to close at $35.19, a loss of 1.57% for the day. On the previous day, the stock had closed at $35.75. The total traded volume of the day was 813,021 shares.

Shake Shack Inc. (Shake Shack) is a holding company with no direct operations and its principal asset is the equity interest in SSE Holdings, LLC (SSE Holdings). The Company holds 33.3% ownership interest in SSE Holdings. SSE Holdings operates and licenses restaurants in the global restaurant industry, serving hamburgers, hot dogs, crinkle-cut fries, shakes, frozen custard, beer and wine. As of December 31, 2014, the Company had 63 Shake Shack restaurants (Shacks) in nine countries and 34 cities. The Company owns and operates Shacks in 10 states and the District of Columbia. As of December 31, 2014, the Company had 31 company-operated Shacks in operation in the United States. The Company also has license arrangements with affiliated and unaffiliated operators to develop and operate Shacks. As of December 31, 2014, 32 licensed Shacks were in operation under license agreements in North America, Europe and Asia.

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