The Cheesecake Factory Incorporated (CAKE) had a good day on the market for Tuesday August 11
as
shares jumped 1.93% to close at $26.34. About 1.11 million shares traded hands on 12,323 trades for the day, compared with an average daily volume of
n/a shares out of a total float of 45.46 million. After opening the trading day at $26.37, shares of The Cheesecake Factory Incorporated stayed within a range of $26.94 to
$25.98.
With today’s gains, The Cheesecake Factory Incorporated now has a market cap of
$1.2 billion. Shares of The Cheesecake Factory Incorporated have been trading within a range of $45.25
and $14.53 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Cheesecake Factory Inc owns and operates roughly 200 restaurants in the United States. Most stores operate under The Cheesecake Factory name, but the company also owns The Grand Lux Cafe and RockSugar Pan Asian Kitchen. Cheesecake Factory’s small international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The Cheesecake Factory also has two bakery production facilities where it makes dozens of varieties of cheesecakes, which are distributed for sale at the company and licensees restaurants. The majority of company revenue comes from The Cheesecake Factory restaurants.
The Cheesecake Factory Incorporated is based out of Calabasas Hills, CA and has some 46,250 employees. Its CEO is David Overton.
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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The Cheesecake Factory Incorporated is also 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:
CAKE’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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