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Carrols Restaura Has Returned 23.0% Since SmarTrend Recommendation (TAST)

By Shiri Gupta

SmarTrend identified a Downtrend for Carrols Restaura (NASDAQ:TAST) on March 8th, 2017 at $14.23. In approximately 6 months, Carrols Restaura has returned 22.99% as of today's recent price of $10.96.

Over the past year, Carrols Restaura has traded in a range of $9.60 to $17.55 and is now at $10.96, 14% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.5%.

Carrols Restaurant Group, Inc. owns and operates regional restaurant companies. The Company's main business is to operate as the franchisee of multiple Burger King restaurants. Carrols Restaurants operates retail Burger King locations throughout the Northeastern, Midwestern, and Southeastern United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Carrols Restaura.

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

Keywords: spotlights carrols restaura

Ticker(s): TAST