One of today's stocks on the move is BJ's Restaurants (NASDAQ:BJRI), down 1.5% to $33.84. The S&P is currently trading fractionally higher to 1,409 and the Dow Jones Industrial Average is trading fractionally higher to 12,986.
BJ's Restaurants share prices have moved between a 52-week high of $54.46 and a 52-week low of $31.03 and are now trading 9% above that low price at $33.84 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 1.4%.
BJ's Restaurants (NASDAQ:BJRI) has potential upside of 20.6% based on a current price of $33.84 and analysts' consensus price target of $40.80. BJ's Restaurants shares should first meet resistance at the 50-day moving average (MA) of $37.72 and find additional resistance at the 200-day MA of $42.32.
BJ's Restaurants Inc owns and operates restaurants under the names BJ's Restaurant & Brewery, BJ's Pizza & Grill, and BJ's Restaurant & Brewhouse. The Company's restaurants are located in Colorado, Oregon, California, Arizona, Texas, and Nevada.