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Chuy's (CHUY) Surges 5.2%: Is This an Indication of Further Gains?
Chuy's Holdings (CHUY - Free Report) shares soared 5.2% in the last trading session to close at $41.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.3% gain over the past four weeks.
Shares of Chuy's Holdings jumped after the company posted better-than-expected fourth-quarter fiscal 2020 results. Notably, positive investor sentiments were witnessed as the company announced sequentially improved comparable sales. Also, the company’s off-premise sales remained strong.
Price and Consensus
The stock currently carries a Zacks Rank 3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>