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Chefs Warehouse Shares Up 53.9% Since SmarTrend's Buy Recommendation (CHEF)

By David Diaz

SmarTrend identified an Uptrend for Chefs Warehouse (NASDAQ:CHEF) on November 30th, 2017 at $20.08. In approximately 7 months, Chefs Warehouse has returned 53.92% as of today's recent price of $30.90.

Over the past year, Chefs Warehouse has traded in a range of $12.00 to $31.40 and is now at $30.90, 158% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.3%.

The Chefs' Warehouse, Inc. is a premier distributor of specialty food products in the United States. The Company is focused on serving the specific needs of chefs who own and/or operate restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, and specialty food stores.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Chefs Warehouse shares.

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

Keywords: spotlights chefs warehouse

Ticker(s): CHEF