Bloomin' Brands Breaks Above 200-Day Moving Average - Bullish for BLMN

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In trading on Thursday, shares of Bloomin' Brands Inc (Symbol: BLMN) crossed above their 200 day moving average of $20.11, changing hands as high as $21.43 per share. Bloomin' Brands Inc shares are currently trading up about 7.7% on the day. The chart below shows the one year performance of BLMN shares, versus its 200 day moving average: Bloomin' Brands Inc 200 Day Moving Average Chart

Looking at the chart above, BLMN's low point in its 52 week range is $17.08 per share, with $25 as the 52 week high point - that compares with a last trade of $20.92.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas
Referenced Symbols: BLMN

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