StockNews.com Initiates Coverage on Flanigan’s Enterprises (NYSEAMERICAN:BDL)

Analysts at StockNews.com began coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a research report issued on Wednesday. The brokerage set a “hold” rating on the stock.

Flanigan’s Enterprises Stock Performance

Shares of BDL traded down $0.05 on Wednesday, reaching $24.94. The stock had a trading volume of 368 shares, compared to its average volume of 2,883. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.46 and a quick ratio of 1.16. The stock has a market cap of $46.39 million, a P/E ratio of 14.09 and a beta of 0.68. Flanigan’s Enterprises has a twelve month low of $23.94 and a twelve month high of $29.72.

About Flanigan’s Enterprises

Flanigan’s Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy’s Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan’s Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.