Flanigan’s Enterprises (NYSEAMERICAN:BDL) Stock Price Crosses Above 200-Day Moving Average of $0.00

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $27.67. Flanigan’s Enterprises shares last traded at $27.42, with a volume of 1,584 shares trading hands.

The company has a market capitalization of $50.20 million, a price-to-earnings ratio of 4.63 and a beta of 0.85. The company has a quick ratio of 1.70, a current ratio of 1.91 and a debt-to-equity ratio of 0.29.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last issued its earnings results on Wednesday, August 18th. The company reported $3.87 EPS for the quarter. Flanigan’s Enterprises had a return on equity of 21.39% and a net margin of 8.23%. The firm had revenue of $37.94 million for the quarter.

A number of large investors have recently made changes to their positions in BDL. Vanguard Group Inc. acquired a new position in Flanigan’s Enterprises in the second quarter valued at approximately $483,000. Bridgeway Capital Management LLC acquired a new position in Flanigan’s Enterprises in the second quarter valued at approximately $252,000. Geode Capital Management LLC acquired a new position in Flanigan’s Enterprises in the second quarter valued at approximately $215,000. Finally, FMR LLC raised its stake in shares of Flanigan’s Enterprises by 0.4% during the 1st quarter. FMR LLC now owns 150,988 shares of the company’s stock worth $3,500,000 after buying an additional 650 shares during the period. 17.25% of the stock is owned by institutional investors.

Flanigan’s Enterprises Company Profile (NYSEAMERICAN:BDL)

Flanigan’s Enterprises, Inc operates as a chain of small cocktail lounges and package liquor stores. It operates through the following segments: Package Liquor Stores and Restaurants. The Package Liquor Stores segment consists of retail liquor sales and related items. The Restaurant segment provides casual, standardized dining experience and typical of casual restaurant chains.

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