Cracker Barrel Old Country Store Rises On Unusually High Volume (CBRL)
NEW YORK (TheStreet) -- Cracker Barrel Old Country Store (Nasdaq:CBRL) is trading at unusually high volume Tuesday with 956,443 shares changing hands. It is currently at 4.1 times its average daily volume and trading up $2.13 (+3.8%) at $57.76 as of 3:05 p.m. ET. Cracker Barrel Old Country Store has a market cap of $1.19 billion and is part of the services sector and leisure industry. Shares are up 10.4% year to date as of the close of trading on Friday. Cracker Barrel Old Country Store, Inc., through its subsidiaries, engages in the development and operation of the Cracker Barrel Old Country Store restaurant and retail concept in the United States. Its restaurants provide breakfast, lunch, and dinner. The company has a P/E ratio of 15.3, above the average leisure industry P/E ratio of 14.4 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Cracker Barrel Old Country Store as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Cracker Barrel Old Country Store 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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