Why Shares Of Buffalo Wild Wings Are Trading At New 52-Week Highs

Shares of Buffalo Wild Wings (NASDAQ: BWLD) traded at new 52-week highs of $189.87 Wednesday morning following OTR Global issuing positive commentary.

According to Bloomberg, Buffalo Wild Wings fourth quarter was boosted by improving transaction, tickets due to higher prices and more repeat business, along with wider audiences catching the latest NFL playoffs games.

OTR Global also suggested that company owned comp sales rose by 6 percent to 9 percent as total number of tickets and transactions climbed.

Buffalo Wind Wings is scheduled to report its fourth quarter results on February 5 after market close.

Shares traded recently at $187.06, up 2.67 percent on the day.