Cheesecake Factory (CAKE) Shares Cross Below 200 DMA

In trading on Friday, shares of Cheesecake Factory Inc. ( CAKE) crossed below their 200 day moving average of $43.87, changing hands as low as $43.48 per share. Cheesecake Factory Inc. shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of CAKE shares, versus its 200 day moving average:

Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »

Cheesecake Factory Inc.  200 Day Moving Average Chart

Looking at the chart above, CAKE's low point in its 52 week range is $32.64 per share, with $49.74 as the 52 week high point — that compares with a last trade of $44.79.

According to the ETF Finder at ETF Channel, CAKE makes up 2.55% of the Dynamic Leisure and Entertainment Portfolio ETF ( PEJ) which is trading relatively unchanged on the day Friday.

If you liked this article you might like

Eating McDonald's Stock Might Make You Sick

Investors in Restaurant Stocks Still Need Strong Stomachs

Did Applebee's Ever Have a Shot With Millennials?

Someone Left a CAKE Out by the Mall

Casual Dining Stocks Become Casualties