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Positives for Chipotle Mexican Grill (CMG) as stock gains in recent trading

Chipotle Mexican Grill (NYSE: CMG) is 25.67% higher on its value in year-to-date trading and has touched a low of $35.37 and a high of $69.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CMG stock was last observed hovering at around $59.51 in the last trading session, with the day’s loss setting it -2.03%.

Currently trading at $57.48, the stock is -9.81% and -9.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 25.05 million and changing -3.41% at the moment leaves the stock 12.06% off its SMA200. CMG registered 38.34% gain for a year compared to 6-month gain of 29.88%.

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The stock witnessed a -10.51% loss in the last 1 month and extending the period to 3 months gives it a -1.96%, and is -7.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.04% over the week and 3.42% over the month.

Chipotle Mexican Grill (CMG) has around 116068 employees, a market worth around $78.94B and $10.20B in sales. Current P/E ratio is 61.34 and Fwd P/E is 42.81. Profit margin for the company is 12.70%. Distance from 52-week low is 62.50% and -17.01% from its 52-week high. The company has generated returns on investments over the last 12 months (17.84%).

The EPS is expected to grow by 24.45% this year.

Chipotle Mexican Grill (CMG) Top Institutional Holders

The shares outstanding are 1.37B, and float is at 1.36B with Short Float at 3.28%.

Chipotle Mexican Grill (CMG) Insider Activity

The most recent transaction is an insider sale by Hartung Jack,the company’sChief Financial & Admn Officer. SEC filings show that Hartung Jack sold 2,461 shares of the company’s common stock on Jun 13 ’24 at a price of $3249.01 per share for a total of $8.0 million. Following the sale, the insider now owns 67166.0 shares.

Chipotle Mexican Grill disclosed in a document filed with the SEC on Apr 26 ’24 that Niccol Brian R (Chairman, CEO) sold a total of 6,406 shares of the company’s common stock. The trade occurred on Apr 26 ’24 and was made at $3185.92 per share for $20.41 million. Following the transaction, the insider now directly holds 22669.0 shares of the CMG stock.

Still, SEC filings show that on Apr 26 ’24, Theodoredis Roger E (Chief Legal Officer & GC) disposed off 2,509 shares at an average price of $3164.44 for $7.94 million. The insider now directly holds 1,085 shares of Chipotle Mexican Grill (CMG).

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