Investing In Shake Shack Inc (NYSE: SHAK): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Shake Shack to Participate at the UBS Global Consumer and Retail Conference on March 14, 2024.

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Stocks Info

The company is listed on the NYSE and operates within the Restaurants industry segment. At the end of the last regular session, the stock closed at $105.36 and fluctuated between $105.36 as its day high and $102.53 as its day low. The current market capitalization of Shake Shack Inc is $4.16B. A total of 0.63 million shares were traded on the day, compared to an average of 979.61K shares.

In the most recent transaction, Flug Jeffrey sold 304 shares of SHAK for 108.05 per share on Mar 04 ’24. After the transaction, the Director now owns 4,058 company shares. In a previous transaction on Mar 01 ’24, Meyer Daniel Harris sold 40,000 shares at 106.34 per share. SHAK shares that Director owns now total 480,437.

Among the insiders who sold shares, Meyer Daniel Harris disposed of 6,034 shares on Feb 26 ’24 at a per-share price of $100.08. This resulted in the Director holding 520,437 shares of SHAK after the transaction. In another insider transaction, Meyer Daniel Harris sold 23,966 shares at $100.13 per share on Feb 23 ’24. Company shares held by the Director now total 526,471.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SHAK has a high of $108.39 and a low of $52.40.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SHAK’s latest balance sheet shows that the firm has $382.41M in Cash & Short Term Investments as of fiscal 2021. There were $686.19M in debt and $121.50M in liabilities at the time. Its Book Value Per Share was $11.23, while its Total Shareholder’s Equity was $435.60M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SHAK is Buy with a score of 3.74.

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