Flanigan’s Enterprises (NYSEAMERICAN:BDL) Shares Cross Above 200-Day Moving Average of $0.00

Shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $31.40. Flanigan’s Enterprises shares last traded at $30.48, with a volume of 13,961 shares changing hands.

Flanigan’s Enterprises Trading Down 0.7 %

The firm has a market cap of $56.69 million, a P/E ratio of 10.51 and a beta of 0.69. The company has a current ratio of 1.73, a quick ratio of 1.40 and a debt-to-equity ratio of 0.29.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last announced its earnings results on Wednesday, August 16th. The company reported $0.86 EPS for the quarter. Flanigan’s Enterprises had a net margin of 3.15% and a return on equity of 7.24%. The firm had revenue of $45.37 million for the quarter.

Hedge Funds Weigh In On Flanigan’s Enterprises

Several large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its position in Flanigan’s Enterprises by 305.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 856 shares of the company’s stock worth $26,000 after buying an additional 645 shares during the last quarter. UBS Group AG raised its position in Flanigan’s Enterprises by 135.9% in the 3rd quarter. UBS Group AG now owns 1,031 shares of the company’s stock worth $26,000 after buying an additional 594 shares during the last quarter. BlackRock Inc. raised its position in Flanigan’s Enterprises by 41.1% in the 2nd quarter. BlackRock Inc. now owns 3,033 shares of the company’s stock worth $93,000 after buying an additional 884 shares during the last quarter. Captrust Financial Advisors purchased a new position in Flanigan’s Enterprises in the 2nd quarter worth about $114,000. Finally, Royal Bank of Canada raised its position in Flanigan’s Enterprises by 11.4% in the 3rd quarter. Royal Bank of Canada now owns 4,900 shares of the company’s stock worth $125,000 after buying an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 11.62% of the company’s stock.

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. It operates in two segments, Package Stores and Restaurants. The company 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.