Why Carrols Restaurant Group Inc. (NASDAQ: TAST) At $9.55 Is Worth Your Money?

Carrols Restaurant Group Inc. (NASDAQ:TAST) does about 609.81K shares in volume on a normal day but saw 1562943 shares change hands in Tuesday’s trading. The company now has a market cap of 502.52M USD. Its current market price is $9.55, marking an increase of 0.10% compared to the previous close of $9.54. The 52 week high reached by this stock is $9.55 whilst the lowest price level in 52 weeks is $4.29.

Carrols Restaurant Group Inc. (TAST) has a 20-day trading average at $9.52 and the current price is 0.00% off the 52-week high compared with 122.61% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.50 and its 200-day simple moving average is $7.92. If we look at the stock’s price movements over the week, volatility stands at 0.17%, which increases to 0.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 74.11 to suggest the stock is overbought.

The consensus objective for the share price is $9.55.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 07, 2023 when Craig Hallum upgraded the stock to “Buy” and issued a price target of between $2.50 and $4. Stephens downgraded its price target at $6-$3.

Carrols Restaurant Group Inc. (TAST) stock is up 0.21% over the week and 0.63% over the past month. Its price is 21.19% year-to-date and 89.11% over the past year.

The company has a return on investment of 2.16% and return on equity of 21.56%. The price to earnings ratio (P/E ratio) amounts to 19.72. The beta has a value of 2.48. Price to book ratio is 2.67 and price to sales ratio is 0.27.