Shake Shack (SHAK) Shares are Down -0.45%

Shake Shack (SHAK) : During the past 4 weeks, traders have been relatively bearish on Shake Shack (SHAK), hence the stock is down -12.96% 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 -0.95% relative to the S&P 500. The 4-week change in the price of the stock is -13.08% and the stock has fallen -0.45% in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.62% and the 50-Day Moving Average is 7.1%.The 200 Day SMA reached 6.55%. Shake Shack Inc. has dropped 5.63% during the last 3-month period . Year-to-Date the stock performance stands at -11.54%.


Shake Shack (NYSE:SHAK): The stock opened in the green at $35.53 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $35.8 and a low of $34.91 for the day. The stock did not find buyers even at the lows and closed at $35.03 recording a loss of -1.52%. 1,070,100 shares exchanged hands during the trading day. The stock had closed at $35.57 in the previous days trading.

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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