Chipotle Mexican Grill (CMG) : Investors lapped up stocks on upticks to the tune of $121.89 million in the Fridays trading session. The trading value on downticks was comparatively at $117.5 million and the uptick to downtick ratio of 1.04 indicates continuous buying by the bulls. The net money flow into the stock was $4.4 million. Upticks saw transactions worth $0 clearly indicating buying by large investors. The total money flow for block trades stood at $0 million, which is a positive for the stock in the long-term. Chipotle Mexican Grill (CMG) fell $6.21 during the day at $408.47, a drop of -1.5% over the previous days close. However, for the week, the stock is -2.45%, compared to the previous week.
The company Insiders own 3.58% of Chipotle Mexican Grill shares according to the proxy statements. Institutional Investors own 97% of Chipotle Mexican Grill shares.
In a related news, The Securities and Exchange Commission has divulged that Ells Steve, director officer (Chairman & Co-CEO) of Chipotle Mexican Grill Inc, had unloaded 21,000 shares at an average price of $440.65 in a transaction dated on May 31, 2016. The total value of the transaction was worth $9,253,650.
Chipotle Mexican Grill (NYSE:CMG): stock was range-bound between the intraday low of $408.0501 and the intraday high of $414.89 after having opened at $414.25 on Fridays session. The stock finally closed in the red at $414.25, a loss of -1.51%. The stock remained in the red for the whole trading day. The total traded volume was 1,006,994 shares. The stock failed to cross $414.89 in Fridays trading. The stocks closing price on Thursday was $414.68.
Chipotle Mexican Grill (CMG) has risen sharply, recording gains of 1.81% in the past 4 weeks. However, the stock has corrected -2.47% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.95% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
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.