Carrols Restaurant Group, Inc. (NASDAQ:TAST – Get Rating) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.77 and traded as high as $2.12. Carrols Restaurant Group shares last traded at $2.08, with a volume of 130,106 shares.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the company. Stephens reissued an “overweight” rating and issued a $3.00 price objective on shares of Carrols Restaurant Group in a research report on Tuesday, February 28th. Craig Hallum upgraded Carrols Restaurant Group from a “hold” rating to a “buy” rating and raised their target price for the company from $2.50 to $4.00 in a research note on Tuesday, March 7th.
Carrols Restaurant Group Stock Performance
The company has a quick ratio of 0.30, a current ratio of 0.38 and a debt-to-equity ratio of 3.18. The stock has a 50 day simple moving average of $1.99 and a 200 day simple moving average of $1.77. The company has a market capitalization of $117.12 million, a price-to-earnings ratio of -1.40 and a beta of 2.38.
Institutional Inflows and Outflows
Carrols Restaurant Group Company Profile
Carrols Restaurant Group, Inc engages in the operation of restaurants under the Burger King and Popeyes brands. It serves flame-broiled whopper sandwich, hamburgers, chicken and other specialty sandwiches, fries, salads, breakfast items, smoothies, frappes, and other snacks. The company was founded in 1960 and is headquartered in Syracuse, NY.
- Get a free copy of the StockNews.com research report on Carrols Restaurant Group (TAST)
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