Where Will Cracker Barrel Old Country Store, Inc. (CBRL) Stock Go Next After It Is Higher By 5.25% in a Week?

Cracker Barrel Old Country Store, Inc. (CBRL) stock is higher by 5.25% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Cracker Barrel Old Country Store, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CBRL!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CBRL Stock Today?

Cracker Barrel Old Country Store, Inc. (CBRL) stock is trading at $71.95 as of 2:41 PM on Wednesday, Mar 27, an increase of $3.06, or 4.44% from the previous closing price of $68.89. The stock has traded between $69.17 and $72.10 so far today. Volume today is 608,782 compared to average volume of 647,531. To screen for more stocks like Cracker Barrel Old Country Store, Inc. click here.

More About Cracker Barrel Old Country Store, Inc.

Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food. Cracker Barrel's biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company's biggest revenue generators in the retail segment of the business. Click Here to get the full Stock Report for Cracker Barrel Old Country Store, Inc. stock.