Monro Muffler Brake (NASDAQ:MNRO) shares have crossed above their 200-day moving average, trading at $22.79 after reaching $23.47. The company beat quarterly EPS estimates and announced a $0.28 quarterly dividend, while its CEO increased his stake in the company. Analyst ratings are mixed, with an average “Hold” rating and a consensus target price of $23.25.
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Monro Muffler Brake (NASDAQ:MNRO) Shares Cross Above Two Hundred Day Moving Average - Here's Why
Monro Muffler Brake (NASDAQ:MNRO) shares have crossed above their 200-day moving average, trading at $22.79 after reaching $23.47. The company beat quarterly EPS estimates and announced a $0.28 quarterly dividend, while its CEO increased his stake in the company. Analyst ratings are mixed, with an average “Hold” rating and a consensus target price of $23.25.