StockNews.com upgraded shares of El Pollo Loco (NASDAQ:LOCO – Free Report) from a hold rating to a buy rating in a report published on Friday.
El Pollo Loco Stock Performance
Shares of LOCO opened at $11.27 on Friday. The business’s fifty day simple moving average is $11.74 and its two-hundred day simple moving average is $12.56. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.30. El Pollo Loco has a 12 month low of $8.17 and a 12 month high of $14.25. The company has a market cap of $337.41 million, a price-to-earnings ratio of 14.27 and a beta of 1.46.
Institutional Trading of El Pollo Loco
Several institutional investors have recently added to or reduced their stakes in LOCO. Point72 DIFC Ltd bought a new position in shares of El Pollo Loco during the 3rd quarter valued at $27,000. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of El Pollo Loco by 91.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator’s stock valued at $29,000 after buying an additional 1,002 shares during the period. Quantbot Technologies LP bought a new position in shares of El Pollo Loco during the 4th quarter valued at $70,000. Quarry LP lifted its holdings in shares of El Pollo Loco by 235.6% during the 4th quarter. Quarry LP now owns 7,389 shares of the restaurant operator’s stock valued at $85,000 after buying an additional 5,187 shares during the period. Finally, Aquatic Capital Management LLC bought a new position in shares of El Pollo Loco during the 4th quarter valued at $107,000. 81.28% of the stock is currently owned by hedge funds and other institutional investors.
About El Pollo Loco
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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