Texas Roadhouse (TXRH) Shares are Down -9.27%

Texas Roadhouse (TXRH) : During the past 4 weeks, traders have been relatively bearish on Texas Roadhouse (TXRH), hence the stock is down -11.66% 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 -9.42% relative to the S&P 500. The 4-week change in the price of the stock is -12.13% and the stock has fallen -9.27% in the past 1 week.

The stock has recorded a 20-day Moving Average of 8.79% and the 50-Day Moving Average is 11.92%.The 200 Day SMA reached 6.85%

Texas

Texas Roadhouse (NASDAQ:TXRH): After opening at $39.08, the stock dipped to an intraday low of $38.97 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $39.29 and the buying power remained strong till the end. The stock closed at $39.03 for the day, a gain of 0.57% for the day session. The total traded volume was 1,038,568. The stocks close on the previous trading day was $39.03.

Texas Roadhouse (TXRH) : Currently there are 11 street experts covering Texas Roadhouse (TXRH) stock. The most bullish and bearish price target for the stock is $50 and $34 respectively for the short term. The average price target of all the analysts comes to $44. The estimated standard deviation from the target is $5.51.

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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