Buffalo Wild Wings Rises On Unusually High Volume (BWLD)
NEW YORK (TheStreet) -- Buffalo Wild Wings (Nasdaq:BWLD) is trading at unusually high volume Thursday with 1.6 million shares changing hands. It is currently at four times its average daily volume and trading up $2.50 (+3%) at $84.69 as of 3:20 p.m. ET. Buffalo Wild Wings has a market cap of $1.18 billion and is part of the services sector and leisure industry. Shares are up 21.7% year to date as of the close of trading on Wednesday. Buffalo Wild Wings, Inc. engages in the ownership, operation, and franchise of restaurants in the United States. The company provides quick casual and casual dining services, as well as serves bottled beers, wines, and liquor. The company has a P/E ratio of 25.7, above the average leisure industry P/E ratio of 25.2 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Buffalo Wild Wings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Buffalo Wild Wings Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.
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