Buffalo Wild Wings Rises On Unusually High Volume (BWLD)
Buffalo Wild Wings (Nasdaq:BWLD) is trading at unusually high volume Wednesday with 1.4 million shares changing hands. It is currently at 4 times its average daily volume and trading up $4.91 (+10.4%).
NEW YORK ( TheStreet) -- Buffalo Wild Wings (Nasdaq: BWLD) is trading at unusually high volume Wednesday with 1.4 million shares changing hands. It is currently at four times its average daily volume and trading up $4.91 (+10.4%) at $52.30 as of 11:31 a.m. ET. Buffalo Wild Wings has a market cap of $862 million and is part of the services sector and leisure industry. Shares are up 8.1% year to date as of the close of trading on Tuesday. 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 23.7, equal to the average leisure industry P/E ratio and above the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates Buffalo Wild Wings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Buffalo Wild Wings Ratings Report.