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The Cheesecake Factory Incorporated (CAKE) Breaks into New 52-Week High on January 20 Session

Shares of The Cheesecake Factory Incorporated (CAKE) broke into a new 52-week high yesterday, hitting a peak of $43.86.
Shares closed at $43.44 after opening at $41.91 for a move of 4.07%. The company now has a market cap of $1.98 billion.

Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of
momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out
before an impending period of decline.

For The Cheesecake Factory Incorporated, the new 52-week high came on volume of 1.43 million. The stock has a float of 45.58 million shares and average daily volume of $n/a. It has a
50-day SMA of $n/a and a 200-day SMA of $n/a.

For a complete fundamental analysis analysis of The Cheesecake Factory Incorporated, check out Equities.com’s Stock Valuation Analysis report
for
CAKE
.

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Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company’s international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and others. Most of the company’s revenue comes from The Cheesecake Factory restaurants segment.

The Cheesecake Factory Incorporated is based out of Calabasas Hills, CA and has some 46,250 employees. Its CEO is David Overton.

The Cheesecake Factory Incorporated is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest
companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.

What’s more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow
Jones Industrial Average or S&P 500.


To get more information on The Cheesecake Factory Incorporated and to follow the company’s latest updates, you can visit the company’s profile page here:
CAKE’s Profile
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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