Zoe\'s Kitchen Inc. (ZOES) Moves Lower on Volume Spike for May 25

Equities Staff  |

Zoe\'s Kitchen Inc. (ZOES) traded on unusually high volume on May. 25, as the stock lost 1.1% to close at $16.20. On the day, Zoe\'s Kitchen Inc. saw 678,032 shares trade hands on 5,024 trades. Considering that the stock averages only a daily volume of 328,017 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 $39.45 and $15.88 over the last 52-weeks, its 50-day SMA is now $17.60, and its 200-day SMA $22.54. Zoe\'s Kitchen Inc. has a P/B ratio of 2.43. It also has a P/E ratio of 198.9.

Zoe's Kitchen Inc operates fast casual restaurant concept serving a distinct menu of fresh, wholesome, Mediterranean-inspired dishes delivered with Southern hospitality.

Headquartered in Plano, TX, Zoe\'s Kitchen Inc. has 4,643 employees and is currently under the leadership of CEO Kevin Miles.

For a complete fundamental analysis analysis of Zoe\'s Kitchen Inc., check out Equities.com’s Stock Valuation Analysis report for ZOES.

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

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