Pepper in some earnings Brinker International Inc (NYSE:EAT)

by Josh Brinker International Inc. ($EAT) is hitting a new 52 week high today. Over the past 52 weeks EAT has traded from a low of $28.11 to a high of $41.93. EAT was last at $43.53 on a volume of 3,963,900 shares well above the 50 day average volume of 1,192,103 shares.

Shares are resolving the ascending triangle pattern on earnings today. In addition, EAT shares are printing a new 52 week high. Technical traders will look for top of the triangle (prior highs) so act as support.

52 Week Range $28.11-$41.93 Market Cap 3,073,036,424 Average Volume 1,192,103 Dividend Yield 1.95% Institutional Ownership 22.20% Insider Ownership: 2.00% Percentage of Float Short 10.90% Beta 1.37

Brinker International Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish indicators.

Brinker International, Inc. owns, develops, operates and franchises the Chili’s Grill & Bar and Maggiano’s Little Italy restaurant brands.

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