Texas Roadhouse (TXRH) Shares Slide -2.26%

Texas Roadhouse (TXRH) has risen sharply, recording gains of 4.1% in the past 4 weeks. However, the stock has corrected -2.26% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.72% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.65% and the 50-Day Moving Average is 3.45%. Texas Roadhouse, Inc. is up 16.44% in the last 3-month period. Year-to-Date the stock performance stands at 33.16%.


Texas Roadhouse (NASDAQ:TXRH): stock turned positive on Friday. Though the stock opened at $47.37, the bulls momentum made the stock top out at $47.77 level for the day. The stock recorded a low of $46.83 and closed the trading day at $47.22, in the green by 0.32%. The total traded volume for the day was 920,777. The stock had closed at $47.07 in the previous days trading.

Texas Roadhouse, Inc. is a full-service, casual dining restaurant company. The Company offers an assortment of seasoned and aged steaks. In addition to steaks, it also offers ribs, fish, seafood, chicken, pork chops, pulled pork and vegetable plates, and an assortment of hamburgers, salads and sandwiches. Its entrees include made-from-scratch yeast rolls and also include the choice of two of the following made-from-scratch sides: baked potato, sweet potato, steak fries, mashed potatoes, house or Caesar salad, green beans, chili, seasoned rice, buttered corn, applesauce and steamed vegetables. Its restaurants offer a full bar that offers draft and bottled beer, different brands of liquor and wine, as well as margaritas. As of December 30, 2014, the Company had 451 restaurants, which included 372 Company restaurants, of which, 356 were wholly-owned and 16 were majority-owned, and 79 franchise restaurants in which, the Company held 5% to 10.0% ownership interest in 23 restaurants.

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