Famous Dave’s of America (DAVE) Rises: Stock Adds 6.3% in Session

Zacks

Famous Dave's of America Inc. DAVE was a big mover last session, as the company saw its shares rise over 6% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is roughly down about 11.2% in the past one-month time frame.

In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.

Famous Dave's of America currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

A well-ranked player in the same industry includes BJ's Restaurants, Inc. BJRI carrying a Zacks Rank #1 (Strong Buy).

Is DAVE going up? Or down? Predict to see what others think: Up or Down

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