Chipotle Mexican Grill Inc. (CMG) Rises 3.24% for September 17

Equities Staff  |

Among the biggest risers on the S&P 500 on Tuesday September 17 was Chipotle Mexican Grill Inc. ($CMG), popping some 3.24% to a price of $825.75 a share with some 625,611 shares trading hands.

Starting the day trading at $802.89, Chipotle Mexican Grill Inc. reached an intraday high of $831.75 and hit intraday lows of $802.89. Shares gained $25.88 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been 485,205 of its 27.72 million share total float. Today’s action puts the stock’s 50-day SMA at $796.35 and 200-day SMA at $661.02 with a 52-week range of $383.20 to $857.90.

With $4.9 billion in systemwide sales during 2018, Chipotle Mexican Grill is the largest player in the $14 billion domestic fast-casual Mexican restaurant category. Its menu includes burritos, bowls, tacos, and salads, which are made from higher-quality ingredients than those typically found at quick-service restaurants. As of June, the firm operated more than 2,500 company-owned restaurants in the United States, Canada, the United Kingdom, France, and Germany.

Chipotle Mexican Grill Inc. has its corporate headquarters located in Newport Beach, CA and employs 73,000 people. Its market cap has now risen to $22.89 billion after today’s trading, its P/E ratio is now 90.4, its P/S 4.27, P/B 14.88, and P/FCF 68.1.

You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Chipotle Mexican Grill Inc., check out Stock Valuation Analysis tool for CMG.

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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.

The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.

To get more information on Chipotle Mexican Grill Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: CMG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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