Time for Investors to Take the Plunge on El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

Equity Research firms currently have a positive stance on shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.10. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $15.80 on a short term basis.

At the time of writing, the stock was trading at $11.87. This represents a change from the opening price of -3.34%. In terms of performance, year to date, the stock is -2.61%. The monthly stock performance comes in at -9.69%. For the quarter, shares are performing at -3.83%. Weekly performance analysis shows the equity at -10.22%.

In taking a look at technical levels, shares are trading -11.66% away from the 50 day simple moving average and -7.25% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -23.12% away from it’s 52- week high and 23.90% 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, El Pollo Loco Holdings, Inc.’s RSI stands at 26.37. In looking at volatility levels, the shares saw weekly volatility of 3.46% and 3.43% over the past month.

Leave a Comment