Chuy\'s Holdings Inc. (CHUY) Moves Higher on Volume Spike for January 04

Equities Staff  |

Chuy\'s Holdings Inc. (CHUY) traded on unusually high volume on Jan. 04, as the stock gained 1.95% to close at $28.80. On the day, Chuy\'s Holdings Inc. saw 346,963 shares trade hands on 1,308 trades. Considering that the stock averages only a daily volume of 159,636 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $32.90 and $18.00 over the last 52-weeks, its 50-day SMA is now $24.44, and its 200-day SMA $24.46. Chuy\'s Holdings Inc. has a P/B ratio of 2.83. It also has a P/E ratio of 31.

Chuy's Holdings Inc is a full-service restaurant concept. It offers menu of authentic, freshly-prepared Mexican and Tex Mex inspired food.

Headquartered in Austin, TX, Chuy\'s Holdings Inc. has 8,200 employees and is currently under the leadership of CEO Steven J. Hislop.

For a complete fundamental analysis analysis of Chuy\'s Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for CHUY.

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To get more information on Chuy\'s Holdings Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: CHUY’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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