Buffalo Wild Wings Rises On Unusually High Volume (BWLD)
Buffalo Wild Wings (Nasdaq:BWLD) is trading at unusually high volume Thursday with 1.9 million shares changing hands. It is currently at four times its average daily volume and trading up $3.96 (+6.8%).
NEW YORK ( TheStreet) -- Buffalo Wild Wings (Nasdaq: BWLD) is trading at unusually high volume Thursday with 1.9 million shares changing hands. It is currently at four times its average daily volume and trading up $3.96 (+6.8%) at $62 as of 2:35 p.m. ET. Buffalo Wild Wings has a market cap of $1.1 billion and is part of the services sector and leisure industry. Shares are up 32.4% 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 24.3, equal to the average leisure industry P/E ratio 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, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth 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. 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.