• Return to Headlines

Shares of Texas Roadhous Rise to a New 52-Week High

By Amy Schwartz

Shares of Texas Roadhous (NASDAQ:TXRH) traded at a new 52-week high today of $61.99. So far today approximately 64,000 shares have been exchanged, as compared to an average 30-day volume of 760,000 shares.

Texas Roadhous (NASDAQ:TXRH) is currently priced 2.5% above its average consensus analyst price target of $60.37. Texas Roadhous shares have support at the 50-day moving average (MA) of $42.66 and additional support at the 200-day MA of $37.99.

Texas Roadhouse, Inc. is a moderately priced, full service restaurant chain.

Texas Roadhous share prices have moved between a 52-week high of $61.99 and a 52-week low of $37.23 and are now trading 66% above that low price at $61.94 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Texas Roadhous on February 14th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $57.86. Since that recommendation, shares of Texas Roadhous have risen 5.7%. We continue to monitor TXRH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows texas roadhous

Ticker(s): TXRH