Get started
Options360

CMG earnings 10/21 after hours possible epic drop

Short
Chipotle Mexican Grill, Inc. (NYSE:CMG)  
Options360 Updated   
NYSE:CMG   Chipotle Mexican Grill, Inc.
Trend Analysis Chart Patterns Fundamental Analysis
3
2
trendanalysis chartpattern fundamental
Chipotle is currently trading at an egregious 149 P/E! How is a restaurant, in this COVID economy, trading at such an obnoxious valuation? It’s not like this is a ZOOM or TSLA. Lol. To put this in context, MCD P/E = 36, YUM P/E = 29. Something is out of whack. Also, CMG is trading at $200+ over it’s 1 year trend line for no apparent logical reason? Good luck and happy trading friends...
Comment:
Checkout my price and volume indicators:

 

 
Trading indicators:
www.tradingview.com/u/Options360/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.