Bravo Brio Restaurant Group, Inc. (BBRG) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $14.10–$15.21 in since Jan 27.
This restaurant industry stock witnessed one downward revision in the past 30 days. The Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Bravo Brio Restaurant has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the same sector include Jack in the Box Inc. (JACK), Fiesta Restaurant Group, Inc. (FRGI) and Famous Dave's of America Inc. (DAVE). All these stocks sport a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment