StockNews.com began coverage on shares of Ark Restaurants (NASDAQ:ARKR – Free Report) in a report issued on Sunday morning. The firm issued a buy rating on the restaurant operator’s stock.
Ark Restaurants Price Performance
Shares of ARKR opened at $11.59 on Friday. The company has a market cap of $41.72 million, a P/E ratio of -5.74 and a beta of 1.01. Ark Restaurants has a 12 month low of $10.27 and a 12 month high of $16.45. The stock has a fifty day moving average price of $12.91 and a 200 day moving average price of $13.75.
Ark Restaurants (NASDAQ:ARKR – Get Free Report) last released its quarterly earnings results on Monday, August 12th. The restaurant operator reported $0.72 EPS for the quarter. The business had revenue of $50.40 million during the quarter. Ark Restaurants had a negative net margin of 5.31% and a positive return on equity of 0.14%.
Hedge Funds Weigh In On Ark Restaurants
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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