Shares of Shake Shack (SHAK) Sees Large Inflow of Net Money Flow

Shake Shack (SHAK) stock had a bullish inflow of $8.63 million worth of trades on uptick and an outflow of $6.39 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.35. The net money flow into the stock was $2.24 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.77 million. $1.77 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Shake Shack (SHAK) stock traded down $0.29 , and reached $35.3, a drop of -0.81% over the previous day. On a weekly basis, the stock is 0.11%, over the previous weeks close.


Shares of Shake Shack Inc. appreciated by 2.74% during the last five trading days but lost 0.31% on a 4-week basis. Shake Shack Inc. has dropped 4.16% during the last 3-month period . Year-to-Date the stock performance stands at -10.88%.

Shake Shack (SHAK) : Zacks Investment Research ranks Shake Shack (SHAK) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.57, which indicates as a Hold.

Shake Shack (NYSE:SHAK): stock was range-bound between the intraday low of $34.61 and the intraday high of $35.44 after having opened at $35.36 on Wednesdays session. The stock finally closed in the red at $35.36, a loss of -0.84%. The stock remained in the red for the whole trading day. The total traded volume was 912,067 shares. The stock failed to cross $35.44 in Wednesdays trading. The stocks closing price on Thursday was $35.59.

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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