user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 414278 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Buffalo Wild Wings Trading Lower on 1.5x Above-Average Volume (BWLD)

Published on Wed, 01/02/2013 - 14:14
By Adrienne Chilton

Buffalo Wild Wings's stock is down 1.8% to $71.53 on heavy trading volume. Today's volume of 536,000 shares tops the average 30-day volume of 354,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

Buffalo Wild Wings Inc. owns, operates, and franchises casual dining restaurants. The restaurants feature made to order menu items including New York style chicken wings. The company operates restaurants in multiple states.

In the past 52 weeks, Buffalo Wild Wings share prices have been bracketed by a low of $62.19 and a high of $94.81 and are now at $71.53, 15% above that low price. The 200-day and 50-day moving averages have moved 0.43% lower and 1.74% lower over the past week, respectively.

Potential upside of 19.5% exists for Buffalo Wild Wings, based on a current level of $71.53 and analysts' average consensus price target of $85.50. The stock should run into initial resistance at its 50-day moving average (MA) of $74.63 and subsequent resistance at its 200-day MA of $80.89.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Recent 52-Week Low Surpassed in Shares o...

World Acceptance (NASDAQ:WRLD) traded today at a new 52-week low of $66.83. This new l ...

Watch for Continued Losses in Shares of ...

Shares of Westport Innovations (NASDAQ:WPRT) traded at a new 52-week low today of $7.40 ...

Shares of Wausau Paper Fall to a New 52-...

Shares of Wausau Paper (NYSE:WPP) traded today at $7.82, breaking its 52-week low. So ...

Encore Wire: The Losing Streak Continues...

Encore Wire (NASDAQ:WIRE) traded today at a new 52-week low of $36.27. This new low wa ...

Walter Investment Management Looks to Co...

Walter Investment Management (AMEX:WAC) traded at a new 52-week low today of $21.30. S ...

Watch for Continued Losses in Shares of ...

Volcano (NASDAQ:VOLC) traded today at a new 52-week low of $10.36. So far today approx ...

Shares of Meridian Bioscience Fall Below...

Meridian Bioscience (NASDAQ:VIVO) traded today at a new 52-week low of $17.46. This ne ...

Shares of Ur-Energy Fall Below Previous ...

Ur-Energy (AMEX:URG) traded today at a new 52-week low of $0.98. Approximately 1 milli ...