The Cheesecake Factory Incorporated (CAKE) had a rough trading day for Wednesday November 11 as
shares
tumbled 6.15%, or a loss of $-2.32 per share, to close at $35.41. After opening the day at $37.60, shares of The Cheesecake Factory Incorporated traded as high as $37.98 and as
low as $35.05. Volume was 1.37 million shares over 16,231 trades, against an average daily volume of n/a shares and a total float of 45.58 million.
As a result of the decline, The Cheesecake Factory Incorporated now has a market cap of $1.61 billion. In the last
year, shares of The Cheesecake Factory Incorporated have traded between a range of $44.66 and $14.53, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
For a complete fundamental 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 a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an
industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.
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:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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