StockNews.com initiated coverage on shares of Ark Restaurants (NASDAQ:ARKR – Free Report) in a research note published on Monday morning. The firm issued a buy rating on the restaurant operator’s stock.
Ark Restaurants Price Performance
NASDAQ ARKR opened at $10.38 on Monday. The stock has a market cap of $37.37 million, a P/E ratio of -3.82 and a beta of 1.02. Ark Restaurants has a twelve month low of $10.06 and a twelve month high of $16.25. The company’s 50-day simple moving average is $11.52 and its 200 day simple moving average is $12.94.
Ark Restaurants (NASDAQ:ARKR – Get Free Report) last released its quarterly earnings data on Monday, August 12th. The restaurant operator reported $0.72 earnings per share for the quarter. The company had revenue of $50.40 million for the quarter. Ark Restaurants had a positive return on equity of 0.14% and a negative net margin of 5.31%.
Institutional Inflows and Outflows
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.
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