Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.88 and traded as high as $11.95. El Pollo Loco shares last traded at $11.87, with a volume of 202,457 shares changing hands.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of El Pollo Loco from a "buy" rating to a "hold" rating in a research report on Wednesday, January 22nd.
Get Our Latest Research Report on LOCO
El Pollo Loco Stock Up 1.5 %
The company has a market capitalization of $366.17 million, a PE ratio of 15.48 and a beta of 1.46. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.30. The firm has a 50 day simple moving average of $11.85 and a two-hundred day simple moving average of $12.53.
Hedge Funds Weigh In On El Pollo Loco
Several institutional investors have recently bought and sold shares of the company. Point72 DIFC Ltd purchased a new stake in shares of El Pollo Loco in the third quarter valued at about $27,000. Point72 Asia Singapore Pte. Ltd. lifted its position in El Pollo Loco by 91.8% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator's stock valued at $29,000 after purchasing an additional 1,002 shares during the period. Quarry LP purchased a new stake in El Pollo Loco in the 2nd quarter valued at approximately $30,000. nVerses Capital LLC acquired a new position in El Pollo Loco during the 3rd quarter worth approximately $45,000. Finally, SG Americas Securities LLC purchased a new position in shares of El Pollo Loco during the 3rd quarter worth approximately $120,000. 81.28% of the stock is owned by institutional investors and hedge funds.
About El Pollo Loco
(
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El Pollo Loco Holdings, Inc, through its subsidiary, El Pollo Loco, Inc, develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.
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