Chanticleer Holdings (NASDAQ:BURG)’s share price rose 6.5% during mid-day trading on Monday . The stock traded as high as $0.90 and last traded at $0.82, approximately 343,519 shares were traded during mid-day trading. An increase of 81% from the average daily volume of 189,581 shares. The stock had previously closed at $0.77.
BURG has been the subject of several research analyst reports. Northland Securities reissued a “buy” rating and issued a $3.50 price objective on shares of Chanticleer in a research note on Friday, April 5th. Zacks Investment Research raised First Industrial Realty Trust from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research report on Wednesday, June 5th. Finally, ValuEngine lowered Yirendai from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 26th.
The company has a debt-to-equity ratio of 2.47, a current ratio of 0.08 and a quick ratio of 0.06. The stock has a 50-day moving average price of $1.00. The stock has a market capitalization of $3.27 million, a P/E ratio of -0.57 and a beta of 2.53.
Chanticleer (NASDAQ:BURG) last issued its earnings results on Wednesday, May 15th. The restaurant operator reported ($0.51) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.17). Chanticleer had a negative return on equity of 70.24% and a negative net margin of 15.02%. The firm had revenue of $10.20 million during the quarter, compared to analyst estimates of $10.35 million. As a group, analysts anticipate that Chanticleer Holdings will post -1.22 earnings per share for the current year.
About Chanticleer (NASDAQ:BURG)
There is no company description available for Chanticleer Holdings Inc
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