Carrols Restaurant Group Inc. (TAST) Plunges 5.39%

Carrols Restaurant Group Inc. (TAST) had a rough trading day for Monday October 14 as shares tumbled 5.39%, or a loss of $-0.37 per share, to close at $6.49. After opening the day at $6.86, shares of Carrols Restaurant Group Inc. traded as high as $6.86 and as low as $6.46. Volume was 481,857 shares over 2,463 trades, against an average daily volume of n/a shares and a total float of 51.82 million.

As a result of the decline, Carrols Restaurant Group Inc. now has a market cap of $336.32 million. In the last year, shares of Carrols Restaurant Group Inc. have traded between a range of $14.66 and $6.40, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Carrols Restaurant Group Inc is a United States based restaurant company. It owns and operates Burger King restaurants in the Northeastern, Midwestern, and Southeastern United States. The Burger King restaurants are quick-service restaurants featuring hamburgers and other sandwiches.

Carrols Restaurant Group Inc. is based out of Syracuse, NY and has some 24,500 employees. Its CEO is Daniel T. Accordino.

Carrols Restaurant Group Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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