• Return to Headlines

Papa John'S Intl Rises 1.60% on Heavy Volume: Watch For Potential Pullback

By Nick Russo

Papa John'S Intl (:PZZA) traded in a range yesterday that spanned from a low of $65.53 to a high of $66.65. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $65.71 on volume of 183,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Papa John'S Intl on August 27th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $46.87. Since that recommendation, shares of Papa John'S Intl have risen 39.7%. We continue to monitor PZZA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Papa John'S Intl have traded between a low of $40.70 and a high of $67.11 and are now at $65.49, which is 61% above that low price. The 200-day and 50-day moving averages have moved 0.46% higher and 0.28% higher over the past week, respectively.

Keywords: rebounders :pzza papa john's intl

Ticker(s): PZZA