Is This Stock a Screaming Buy: Del Taco Restaurants, Inc. (:TACO)

Equity Research firms currently have a positive stance on shares of Del Taco Restaurants, Inc. (:TACO). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $14.36 on a short term basis.

At the time of writing, the stock was trading at $11.75. This represents a change from the opening price of -0.09%. In terms of performance, year to date, the stock is 10.52%. The monthly stock performance comes in at 1.82%. For the quarter, shares are performing at 30.63%. Weekly performance analysis shows the equity at 0.43%.

In taking a look at technical levels, shares are trading 6.00% away from the 50 day simple moving average and 16.40% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -19.30% away from it’s 52- week high and 40.38% 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, Del Taco Restaurants, Inc.’s RSI stands at 57.14. In looking at volatility levels, the shares saw weekly volatility of 1.98% and 2.73% over the past month.

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