Texas Roadhouse (TXRH) NewsBite - Q3 Earnings Put Pressure on TXRH
Posted: Tuesday, October 28, 2008 11:17 AM EDT
By: Market Intelligence Center Staff
Texas Roadhouse (NasdaqNM: TXRH) opened at $6.91. So far today, the stock has hit a low of $6.44 and a high of $6.96. TXRH is now trading at $6.51, down $0.63 (-8.82%). Over the last 52 weeks the stock has ranged from a low of $6.78 to a high of $13.60. Shares of TXRH are trading lower today after the company reported a third-quarter profit of $8.6 million, or 12 cents per share, missing analysts' estimates of 13 cents per share. Technical indicators for the stock are bearish and S&P gives TXRH a negative 1 STARS (out of 5) strong sell ranking. We will just watch this one for now. There are no hedged trades we like the look of for TXRH. [ABR-Seven Summits Strategic Investments NewsBite]
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