Chipotle Mexican Grill (CMG) has risen sharply, recording gains of 5.36% in the past 4 weeks. However, the stock has corrected -4.04% 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 7.54% 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 1.15% and the 50-Day Moving Average is 0.57%.The 200 Day SMA reached 9.45% Chipotle Mexican Grill, Inc. is up 3.03% in the last 3-month period. Year-to-Date the stock performance stands at -14.7%.
Chipotle Mexican Grill (CMG) : 17 Wall Street analysts covering Chipotle Mexican Grill (CMG) believe that the average level the stock could reach for the short term is $416.47. The maximum price target given is $550 and the minimum target for short term is around $215, hence the standard deviation is calculated at $86.71.
Company shares have received an average consensus rating of Hold for the current week Chipotle Mexican Grill (NYSE:CMG): stock was range-bound between the intraday low of $406.5 and the intraday high of $414.8887 after having opened at $413.06 on Fridays session. The stock finally closed in the red at $413.06, a loss of -1.12%. The stock remained in the red for the whole trading day. The total traded volume was 1,213,942 shares. The stock failed to cross $414.8887 in Fridays trading. The stocks closing price on Thursday was $413.96.
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.