Shake Shack Shares Surpass 200-Day Moving Average, Up 6.8%

During trading on Monday, shares of Shake Shack Inc (Symbol: SHAK) surpassed their 200-day moving average of $108.15, reaching an intraday high of $112.49. Currently, Shake Shack’s stock is up approximately 6.8% for the day. The chart below illustrates the performance of SHAK shares over the past year compared to its 200-day moving average:

Examining the chart, SHAK has a 52-week low of $72.93 per share, while the 52-week high is recorded at $139.89. The last trade occurred at $112.31.

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