Large Inflow of Money Detected in Shake Shack

Shake Shack (SHAK): $1.14 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.3. The value of trades done on upticks was $4.97 million, whereas, trades done on downticks were valued at $3.83 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.22 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.91 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 2.43 was strongly in favor of the bulls. The money flow in block trades was $1.31 million. Shake Shack (SHAK) fell $0.12 traded at $38.44, a change of -0.31% over the previous day. The stock is 4.48% for the week.


The stock has recorded a 20-day Moving Average of 6.37% and the 50-Day Moving Average is 7.46%. Shares have dropped -26.36% from its 1 Year high price. On Aug 11, 2015, the shares registered one year high at $75.90 and the one year low was seen on Jan 14, 2016. The 50-Day Moving Average price is $36.41 and the 200 Day Moving Average price is recorded at $36.31.

Shake Shack (NYSE:SHAK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.13 and $37.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $38.81, notching a gain of 0.65% for the day. The total traded volume was 1,046,785 . The stock had closed at $38.56 on the previous day.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer 10% owner (Chief Executive Offic of Shake Shack Inc., Garutti Randall J had sold 10,000 shares worth of $366,700 in a transaction dated July 8, 2016. In this transaction, 10,000 shares were sold at $36.67 per share.

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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