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Carmike Cinemas Has Returned 32.7% Since SmarTrend Recommendation (CKEC)

By Shiri Gupta

SmarTrend identified an Uptrend for Carmike Cinemas (NASDAQ:CKEC) on March 1st, 2016 at $25.17. In approximately 16 months, Carmike Cinemas has returned 32.70% as of today's recent price of $33.40.

In the past 52 weeks, Carmike Cinemas share prices have been bracketed by a low of $18.51 and a high of $34.53 and are now at $33.40, 80% above that low price. Over the last five market days, 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.

Log in and add Carmike Cinemas (CKEC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights carmike cinemas

Ticker(s): CKEC