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Carrols Restaura Has Returned 26.8% Since SmarTrend Recommendation (TAST)

By Shiri Gupta

SmarTrend identified an Uptrend for Carrols Restaura (NASDAQ:TAST) on May 8th, 2018 at $11.68. In approximately 2 months, Carrols Restaura has returned 26.77% as of today's recent price of $14.80.

Over the past year, Carrols Restaura has traded in a range of $9.90 to $15.25 and is now at $14.80, 49% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 2.8%.

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 shifts in the trajectory of Carrols Restaura shares.

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