Bravo Brio Restaurant Group, Inc.
) was a big mover last session with shares rising nearly 6% on
the day. The move came on solid volume too with far more shares
changing hands than in a normal session. This breaks the recent
trend of the company as the stock is now trading above the past
one month's volatile price range of $14.05 to $15.60.
This restaurant chain has seen one negative estimate revision in
the last 30 days. The Zacks Consensus Estimate has also moved
lower over the same period. This implies trouble down the road.
So make sure to keep an eye on this stock going forward to see if
yesterday's rally can last.
Bravo Brio currently holds a Zacks Rank #5 (Strong Sell) while
Investors interested in the restaurant industry may consider
better-ranked stocks like
Famous Dave's of America Inc.
Ignite Restaurant Group, Inc.
The Wendy's Company
). All three stocks sport a Zacks Rank #1 (Strong Buy).
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