There Is A Quest For Clarity Surrounding Shake Shack Inc (NYSE: SHAK) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Restaurants industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Shake Shack Inc is $4.21B. A total of 1.76 million shares were traded on the day, compared to an average of 1.62M shares.

In the most recent transaction, Fogertey Katherine Irene sold 642 shares of SHAK for 137.51 per share on Dec 11 ’24. After the transaction, the Chief Financial Officer now owns 30,717 company shares. In a previous transaction on Dec 12 ’24, Fogertey Katherine Irene sold 642 shares at 135.49 per share. SHAK shares that Chief Financial Officer owns now total 30,075.

Among the insiders who sold shares, Fogertey Katherine Irene disposed of 642 shares on Nov 06 ’24 at a per-share price of $133.24. This resulted in the Chief Financial Officer holding 31,359 shares of SHAK after the transaction. In another insider transaction, Meyer Daniel Harris sold 27,209 shares at $131.53 per share on Nov 06 ’24. Company shares held by the Director now total 380,437.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SHAK has a high of $139.89 and a low of $72.93.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $11.77, while its Total Shareholder’s Equity was $435.60M.

Analysts Opinion

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. 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 3.91.

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