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Habit Restaurants Inc (NASDAQ:HABT) has been upgraded to Hold in a report by Zacks Investment Research today.

Yesterday Habit Restaurants Inc (NASDAQ:HABT) traded -1.87% lower at $13.80. Habit Restaurants Inc’s 50-day average is $14.86 and its two hundred day average is $16.61. With the last close down -17.65% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 209,253 shares of HABT changing hands under the typical 282,995

Zacks Investment Research has upgraded Habit Restaurants Inc (NASDAQ:HABT) to Hold in a statement released on Thursday September 29, 2016.

On 8/4/2016, Wedbush reported on Habit Restaurants Inc (NASDAQ:HABT) dropped the target price from $25.00 to $21.00. At the time, this indicated a possible upside of 0.45%.

See Chart Below

Habit Restaurants Inc (NASDAQ:HABT)

Habit Restaurants Inc has a one year low of $13.68 and a one year high of $28.07 with a P/E ratio of 50.11 HABT’s total market value is presently $0.

Brief Synopsis On Habit Restaurants Inc (NASDAQ:HABT)

The Habit Restaurants, Inc. (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers salads, sides, shakes and malts. The Company prepares its burgers with char-grilled preparation, topped with caramelized onions, melted cheese, lettuce and tomatoes. The Company's Char burgers menu includes Double Char burger, Mushroom Char, Teriyaki Char burger, BBQ Bacon Char Burger and Santa Barbara Style. Its Sandwich menu includes Chicken, Tri-tip, Albacore Tuna, Veggie burger, Chicken club and Pastrami. The Company operates at over 140 locations in over 10 markets in approximately nine states. It operates a variety of restaurant formats, including end-cap, free-standing, inline and drive-in, primarily within suburban shopping centers and retail settings.

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