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Famous Dave's of America Inc. (DAVE) Shares Cross Below 200 DMA

By Market News Video Staff, Monday, May 23, 2:15 PM ET
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In trading on Monday, shares of Famous Dave's of America Inc. (NASDAQ:DAVE) crossed below their 200 day moving average of $9.83, changing hands as low as $9.73 per share. Famous Dave's of America Inc. shares are currently trading down about 0.1% on the day. The chart below shows the one year performance of DAVE shares, versus its 200 day moving average:

Famous Dave's of America Inc. 200 Day Moving Average Chart

Looking at the chart above, DAVE's low point in its 52 week range is $7.50 per share, with $12.20 as the 52 week high point that compares with a last trade of $9.88.

DAVE operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like Penn National Gaming, Inc. (NASDAQ:PENN) which is off about 1.9% today, and Panera Bread Co. (NASDAQ:PNRA) trading up by about 2.1%. Below is a three month price history chart comparing the stock performance of DAVE, versus PENN and PNRA.

DAVE,PENN,PNRA Relative Performance Chart


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