Ark Restaurants (NASDAQ:ARKR) Research Coverage Started at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Ark Restaurants (NASDAQ:ARKR) in a research report issued on Thursday. The firm set a “buy” rating on the restaurant operator’s stock.

Separately, TheStreet raised shares of Ark Restaurants from a “d+” rating to a “c” rating in a research note on Thursday, March 14th.

Ark Restaurants Stock Performance

NASDAQ:ARKR opened at $13.63 on Thursday. The company has a quick ratio of 0.68, a current ratio of 0.79 and a debt-to-equity ratio of 0.10. Ark Restaurants has a fifty-two week low of $10.27 and a fifty-two week high of $18.75. The stock has a market cap of $49.07 million, a PE ratio of -7.79 and a beta of 0.99. The firm’s fifty day simple moving average is $13.93 and its 200-day simple moving average is $14.57.

Ark Restaurants (NASDAQ:ARKR) last posted its quarterly earnings results on Monday, February 12th. The restaurant operator reported $0.38 earnings per share for the quarter. Ark Restaurants had a negative net margin of 3.40% and a positive return on equity of 2.77%. The business had revenue of $47.49 million for the quarter.

Ark Restaurants Company Profile

Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. It operates restaurants in New York City; Washington, DC; Las Vegas, Nevada; Atlantic City, New Jersey; Florida; and Alabama, as well as fast food concepts and catering operations. The company was incorporated in 1983 and is based in New York, New York.