Traders Purchase Large Volume of Zoe's Kitchen Put Options (ZOES)
Shares of Zoe's Kitchen (NASDAQ:ZOES) were the recipient of some unusual options trading on Wednesday. Stock traders purchased 175 put options on the stock, Stock Ratings News reports. This represents an increase of approximately 124% compared to the typical daily volume of 78 put options.
Shares of Zoe's Kitchen (NASDAQ:ZOES) traded up 1.18% on Wednesday, hitting $30.77. The stock had a trading volume of 411,348 shares. Zoe's Kitchen has a 1-year low of $23.73 and a 1-year high of $35.59. The stock’s 50-day moving average is $30.40 and its 200-day moving average is $29.26. The company’s market cap is $565.9 million.
Zoe's Kitchen (NASDAQ:ZOES) last issued its quarterly earnings data on Thursday, June 5th. The company reported ($0.02) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.03) by $0.01. The company had revenue of $46.30 million for the quarter, compared to the consensus estimate of $44.68 million. The company’s quarterly revenue was up 47.5% on a year-over-year basis. Analysts expect that Zoe's Kitchen will post $0.01 EPS for the current fiscal year.
Zoe’s Kitchen, Inc is a restaurant serving Mediterranean dishes delivered with Southern hospitality. The Company offers a differentiated menu of Mediterranean cuisine with several Southern staples; extending Southern hospitality with personality, including food delivered to the table; providing an inviting, cosmopolitan, casual-chic environment in its restaurants; and delivering a catering experience for business and social events.
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