StockNews.com initiated coverage on shares of Ark Restaurants (NASDAQ:ARKR – Get Rating) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the restaurant operator’s stock.
ARKR opened at $16.52 on Friday. The company has a market cap of $58.68 million, a P/E ratio of 3.77 and a beta of 1.15. The business’s 50-day moving average price is $17.85 and its 200-day moving average price is $17.32. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 0.45. Ark Restaurants has a 12 month low of $14.39 and a 12 month high of $22.00.
Ark Restaurants (NASDAQ:ARKR – Get Rating) last posted its earnings results on Monday, February 14th. The restaurant operator reported $0.61 earnings per share (EPS) for the quarter. Ark Restaurants had a return on equity of 33.31% and a net margin of 10.20%. The firm had revenue of $43.99 million for the quarter.
Ark Restaurants Company Profile (Get Rating)
Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. As of December 20, 2021, it owned and operated 17 restaurants and bars, including four restaurants located in New York City; one in Washington, DC; five in Las Vegas, Nevada; one in Atlantic City, New Jersey; four on the east coast of Florida; and two on the gulf coast of Alabama, as well as had 17 fast food concepts and catering operations.
- Get a free copy of the StockNews.com research report on Ark Restaurants (ARKR)
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