Texas Roadhouse, Inc. (TXRH) Forms $58.58 Double Top; Relm Wireless (RWC) Has 1.5 Sentiment

Texas Roadhouse, Inc. (TXRH) formed double top with $63.27 target or 8.00% above today’s $58.58 share price. Texas Roadhouse, Inc. (TXRH) has $4.18 billion valuation. The stock decreased 0.41% or $0.24 during the last trading session, reaching $58.58. About 117,254 shares traded. Texas Roadhouse, Inc. (NASDAQ:TXRH) has risen 11.22% since March 22, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

RELM Wireless Corporation designs, manufactures, and markets wireless communications products in the United States and internationally. The company has market cap of $55.38 million. The firm offers two-way land mobile radios, repeaters, base stations, and related components and subsystems under BK Radio and RELM brand names. It currently has negative earnings. The Company’s BK Radio branded products include land-mobile radio equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $18,250 activity.

Benchmark Capital Advisors holds 4.27% of its portfolio in RELM Wireless Corporation for 1.53 million shares. Apollo Management Holdings L.P. owns 188,971 shares or 0.01% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 243,744 shares. The New York-based Estabrook Capital Management has invested 0.01% in the stock. Smith Chas P & Associates Pa Cpas, a Florida-based fund reported 17,000 shares.

It closed at $4 lastly. It is down 0.21% since March 22, 2017 and is uptrending. It has underperformed by 16.49% the S&P500.

Since December 12, 2017, it had 0 insider purchases, and 8 selling transactions for $3.22 million activity. Colosi Scott Matthew also sold $623,206 worth of Texas Roadhouse, Inc. (NASDAQ:TXRH) on Thursday, February 15. The insider ZARLEY JAMES R sold $619,384. Catlett Celia also sold $355,569 worth of Texas Roadhouse, Inc. (NASDAQ:TXRH) shares. $66,118 worth of Texas Roadhouse, Inc. (NASDAQ:TXRH) was sold by WIDMER KATHY. Another trade for 1,500 shares valued at $90,000 was sold by Jacobsen S. Chris.

Among 21 analysts covering Texas Roadhouse Inc. (NASDAQ:TXRH), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Texas Roadhouse Inc. has $67.0 highest and $38 lowest target. $55.58’s average target is -5.12% below currents $58.58 stock price. Texas Roadhouse Inc. had 60 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James to “Market Perform” on Monday, April 18. The firm has “Hold” rating given on Tuesday, July 26 by Stifel Nicolaus. The firm has “Buy” rating by Maxim Group given on Wednesday, December 7. Jefferies maintained it with “Sell” rating and $41.0 target in Monday, October 30 report. The firm earned “Overweight” rating on Monday, October 19 by KeyBanc Capital Markets. The stock has “Buy” rating by Robert W. Baird on Wednesday, August 30. On Friday, December 22 the stock rating was upgraded by Jefferies to “Hold”. As per Wednesday, October 18, the company rating was maintained by Barclays Capital. The rating was downgraded by Maxim Group to “Hold” on Monday, July 18. Barclays Capital maintained Texas Roadhouse, Inc. (NASDAQ:TXRH) rating on Tuesday, January 16. Barclays Capital has “Buy” rating and $62.0 target.