Chipotle Mexican Grill Rises On Unusually High Volume (CMG)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Chipotle Mexican Grill (NYSE: CMG) is trading at unusually high volume Wednesday with 1.2 million shares changing hands. It is currently at two times its average daily volume and trading up $18.04 (+5.9%) at $323.05 as of 11:56 a.m. ET.

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Chipotle Mexican Grill has a market cap of $9.77 billion and is part of the services sector and leisure industry. Shares are up 4.3% year to date as of the close of trading on Tuesday.

Chipotle Mexican Grill, Inc. develops and operates fast-casual, fresh Mexican food restaurants in the United States, Canada, the United Kingdom, and France. Its restaurants primarily offer burritos, tacos, burrito bowls, and salads. The company has a P/E ratio of 36.1, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chipotle Mexican Grill 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, notable return on equity, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Chipotle Mexican Grill Ratings Report.

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