Equities research analysts at StockNews.com started coverage on shares of Ark Restaurants (NASDAQ:ARKR – Get Free Report) in a research report issued to clients and investors on Monday. The brokerage set a “buy” rating on the restaurant operator’s stock.
Ark Restaurants Stock Performance
Shares of NASDAQ:ARKR opened at $11.79 on Monday. Ark Restaurants has a 52 week low of $10.27 and a 52 week high of $16.25. The company’s fifty day moving average is $12.68 and its 200-day moving average is $13.63. The company has a market capitalization of $42.49 million, a PE ratio of -5.84 and a beta of 1.01.
Ark Restaurants (NASDAQ:ARKR – Get Free Report) last issued its earnings results on Monday, August 12th. The restaurant operator reported $0.72 EPS for the quarter. The company had revenue of $50.40 million for the quarter. Ark Restaurants had a negative net margin of 5.31% and a positive return on equity of 0.14%.
Institutional Trading of Ark Restaurants
About Ark Restaurants
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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