Large Inflow of Money Detected in Chipotle Mexican Grill

Chipotle Mexican Grill (CMG) : The money flow analysis of Chipotle Mexican Grill (CMG) indicates a $55.34 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $58.49 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.06 and so was the total money flow at $3.15 million. The bulls lapped up $9.78 million worth of block trades on upticks. The money flow was $9.78 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Chipotle Mexican Grill (CMG), pushing it down by -0.01% for the day. The stock slid $0.05 and traded at $416.58 during the day. Nonetheless, the stock is 4.22% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 4.82% and the 50-Day Moving Average is 1.29%. Shares have dropped -38.49% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $758.61 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $414.41 and the 200 Day Moving Average price is recorded at $453.12.

Chipotle Mexican Grill (NYSE:CMG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $420.94 and $412.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $422.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $417.98, notching a gain of 0.32% for the day. The total traded volume was 1,165,732 . The stock had closed at $416.63 on the previous day.

In an insider trading activity, Ells Steve, director officer (Chairman & Co-CEO) of Chipotle Mexican Grill Inc, unloaded 21,000 shares at an average price of $440.65 on May 31, 2016. The total amount of the transaction was worth $9,253,650, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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.

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