In the past week, SHAK stock has gone down by -6.66%, with a monthly decline of -18.48% and a quarterly plunge of -14.67%. The volatility ratio for the week is 2.93%, and the volatility levels for the last 30 days are 2.90% for Shake Shack Inc. The simple moving average for the past 20 days is -8.99% for SHAK’s stock, with a 0.43% simple moving average for the past 200 days.
Is It Worth Investing in Shake Shack Inc. (NYSE: SHAK) Right Now?
compared to its average ratio and a 36-month beta value of 1.73. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 11 as “hold,” and 1 as “sell.”
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The average price point forecasted by analysts for Shake Shack Inc. (SHAK) is $77.31, which is $15.64 above the current market price. The public float for SHAK is 37.40M, and currently, short sellers hold a 7.54% ratio of that float. The average trading volume of SHAK on September 15, 2023 was 727.19K shares.
SHAK) stock’s latest price update
The stock of Shake Shack Inc. (NYSE: SHAK) has increased by 1.36 when compared to last closing price of 61.24.Despite this, the company has seen a loss of -6.66% in its stock price over the last five trading days. CNBC Television reported 2023-09-14 that Brian Vaccaro, restaurant analyst at Raymond James, joins ‘The Exchange’ to discuss signs of a decline in dining out, breakfast restaurants gaining share from other parts of the restaurant business, and more.
SHAK Trading at -15.82% from the 50-Day Moving Average
After a stumble in the market that brought SHAK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.97% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares sank -15.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.67% lower at present.
During the last 5 trading sessions, SHAK fell by -6.66%, which changed the moving average for the period of 200-days by +25.93% in comparison to the 20-day moving average, which settled at $67.62. In addition, Shake Shack Inc. saw 49.46% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SHAK starting from Flug Jeffrey, who sale 1,987 shares at the price of $69.86 back on Aug 21. After this action, Flug Jeffrey now owns 6,511 shares of Shake Shack Inc., valued at $138,812 using the latest closing price.
Koff Zach, the Chief Operating Officer of Shake Shack Inc., sale 5,000 shares at $75.00 during a trade that took place back on Jun 21, which means that Koff Zach is holding 38,682 shares at $375,000 based on the most recent closing price.
Stock Fundamentals for SHAK
Current profitability levels for the company are sitting at:
- -1.05 for the present operating margin
- +5.45 for the gross margin
The net margin for Shake Shack Inc. stands at -2.68. The total capital return value is set at -0.83, while invested capital returns managed to touch -2.26. Equity return is now at value -1.80, with -0.50 for asset returns.
Based on Shake Shack Inc. (SHAK), the company’s capital structure generated 182.35 points at debt to equity in total, while total debt to capital is 64.58. Total debt to assets is 48.08, with long-term debt to equity ratio resting at 171.02. Finally, the long-term debt to capital ratio is 60.57.
When we switch over and look at the enterprise to sales, we see a ratio of 2.85, with the company’s debt to enterprise value settled at 0.34. The receivables turnover for the company is 65.41 and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.33.
Conclusion
To put it simply, Shake Shack Inc. (SHAK) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
