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Zacks Investment Research downgraded Carrols Restaurant Group, Inc. (NASDAQ:TAST) to Hold in a report released today.

Just yesterday Carrols Restaurant Group, Inc. (NASDAQ:TAST) traded 0.23% higher at $12.76. Carrols Restaurant Group, Inc.’s 50-day moving average is $13.14 and its 200-day moving average is $13.03. The last stock price is down -1.23% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 176,374 shares of TAST traded hands, down from an average trading volume of 228,960

Zacks Investment Research has downgraded Carrols Restaurant Group, Inc. (NASDAQ:TAST) to Hold in a report released on 10/12/2016.

Previously on 09/21/2016, Zacks Investment Research released a statement about Carrols Restaurant Group, Inc. (NASDAQ:TAST) increased the target price from $0.00 to $14.00. At the time, this indicated a possible upside of 0.09%.

Recent Performance Chart

Carrols Restaurant Group, Inc. (NASDAQ:TAST)

Carrols Restaurant Group, Inc. has 52 week low of $10.57 and a 52 week high of $14.80 with a PE ratio of 24.94 and has a market capitalization of $0.

Brief Synopsis On Carrols Restaurant Group, Inc. (NASDAQ:TAST)

Carrols Restaurant Group, Inc. is a holding company. The Company conducts all of its operations through its direct and indirect subsidiaries. The Company operates in the hamburger category of the quick-service restaurant segment of the restaurant industry. The Company is a Burger King franchisee in the United States and operates its restaurants under the Burger King trade name. The Company owns and operates approximately 705 Burger King restaurants located in over 20 Northeastern, Midwestern and Southeastern states, such as Illinois, Indiana, Kentucky, Maine, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Vermont, Virginia and West Virginia. Burger King restaurants feature the Whopper sandwich, as well as a range of hamburgers, chicken and other sandwiches, French fries, salads, breakfast items, hot dogs, snacks, smoothies, frappes and other offerings. Its subsidiaries include Carrols LLC and Carrols Corporation.

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