Following are the major losers in the restaurant sector by the mid-day session on Thursday. Keep these stocks on your radar this week.
Good Times Restaurants Inc. (NASDAQ: GTIM) stock is down by 3.38% to trade at $4.0001. It traded more than 12k shares which were lower than its average volume of 94k shares. The stock was down by 9.80% last month. In a downtrend, its 50 days simple moving average went down by 9.13%.
Burgerfi International Inc (NASDAQ: BFI) stock opened at $9.97, which was 2.25% lower than its previous day close of $10.20. 268k shares traded hands which were lower than its average volume of 331k shares. BurgerFi International, Inc., together with its subsidiaries, operates as a franchisor of quick-service restaurants. Its past quarter performance went down by 29.31%. Its 20 days simple moving average is below its 50 days simple moving average indicating it’s a good stock to sell.
Muscle Maker Inc (NASDAQ: GRIL) Stock moved within a range of $1.3000 – $1.3500 after opening at $1.34. It traded 277k shares, which was lower than its average volume of 575k shares. The stock has fallen by 40.44% in the last quarter.
Rave Restaurant Group Inc (NASDAQ: RAVE) stock opened at $1.62 and ranged between the high and low of $1.5700 – $1.6800. More than 242k shares traded hands which were lower than its average volume of 573k shares.
, Burgerfi International Inc (NASDAQ: BFI), Muscle Maker Inc (NASDAQ: GRIL), Rave Restaurant Group Inc (NASDAQ: RAVE)){kind=link}