Momentum in favor of The Cheesecake Factory Inc.

by Bridget
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The Cheesecake Factory Inc. ($CAKE) is resolving it’s latest consolidation to the upside. Cheesecake Factory Inc. CAKE is up 4.92% at $57.75 on a volume of 898,910 shares today.

52 Week Range $42.00-$55.48
Market Cap 2,819,005,506
Average Volume 604,803
Dividend Yield 1.45%
Institutional Ownership 96.80%
Insider Ownership: 0.80%
Percentage of Float Short 11.00%
Beta 0.70

The Cheesecake Factory Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

The Cheesecake Factory Inc operates casual dining restaurants. It also operates bakery production facilities which produce desserts for its restaurants, international licenses and third-party bakery customers.

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