Carmike Cinemas Has Returned 30.9% Since SmarTrend Recommendation (CKEC)
SmarTrend identified an Uptrend for Carmike Cinemas (NASDAQ:CKEC) on March 1st, 2016 at $25.17. In approximately 8 months, Carmike Cinemas has returned 30.91% as of today's recent price of $32.95.
In the past 52 weeks, Carmike Cinemas share prices have been bracketed by a low of $18.51 and a high of $33.34 and are now at $32.95, 78% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 2.7%.
Carmike Cinemas, Inc. owns and operates movie theaters in multiple states. The Company's focus is on small to mid-sized communities with populations of fewer than 100,000 people.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Carmike Cinemas shares.
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