Cheesecake Factory Inc. (NASDAQ:CAKE)

by Josh
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The Cheesecake Factory ($CAKE) is continuing to move higher today, last at $48.84 on a volume of 503,916 shares. Average daily volume has been at 711,667 shares.

Restaurants have been leading the market today. Cheesecake Factory broke above the 50 and 20 day moving averages after earnings and has continued trading higher. Shares are resolving an ascending triangle pattern that defined resistance this summer.

52 Week Range $32.11-$47.98
Market Cap 2,626,761,728
Average Volume 711,667
Dividend Yield 1.18%
Institutional Ownership 93.30%
Insider Ownership: 0.70%
Percentage of Float Short 11.90%
Beta 1.40

Cheesecake Factory Inc. operates 162 upscale, full-service casual dining restaurants under The Cheesecake Factory, Grand Lux Cafe and RockSugar Pan Asian Kitchen brands.

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One comment

  1. avatar Taj says:

    This is very good information of one or two stocks each day in conjunction with Dan’s videos.

    How about taking a vote (by setting up a voting button with the email) on these one or two stocks to evaluate members learning by vote whether it is a buy or a sell (at the particular price and time) and then advising the result of the majority to all the members. This would serve as an evaluation of learning of all the members and most times the majority is right.

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