Is This Stock a Screaming Buy: Carrols Restaurant Group, Inc. (NASDAQ:TAST)

Equity Research firms currently have a positive stance on shares of Carrols Restaurant Group, Inc. (NASDAQ:TAST). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $16.50 on a short term basis.

At the time of writing, the stock was trading at $12.62. This represents a change from the opening price of -0.81%. In terms of performance, year to date, the stock is 7.92%. The monthly stock performance comes in at -7.25%. For the quarter, shares are performing at 2.51%. Weekly performance analysis shows the equity at -2.91%.

In taking a look at technical levels, shares are trading -3.68% away from the 50 day simple moving average and -2.81% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -14.75% away from it’s 52- week high and 19.36% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Carrols Restaurant Group, Inc.’s RSI stands at 35.86. In looking at volatility levels, the shares saw weekly volatility of 1.76% and 2.19% over the past month.

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