StockNews.com started coverage on shares of Fiesta Restaurant Group (NASDAQ:FRGI – Get Free Report) in a research report issued on Monday. The firm set a “buy” rating on the restaurant operator’s stock.
Fiesta Restaurant Group Price Performance
FRGI opened at $8.46 on Monday. The firm has a market cap of $221.56 million, a price-to-earnings ratio of -40.29 and a beta of 1.78. The stock’s 50 day simple moving average is $8.20 and its 200 day simple moving average is $8.07. Fiesta Restaurant Group has a 1 year low of $5.89 and a 1 year high of $9.28.
Fiesta Restaurant Group (NASDAQ:FRGI – Get Free Report) last announced its earnings results on Monday, August 7th. The restaurant operator reported $0.19 earnings per share for the quarter. Fiesta Restaurant Group had a negative net margin of 1.25% and a positive return on equity of 0.82%. The business had revenue of $106.84 million during the quarter.
Hedge Funds Weigh In On Fiesta Restaurant Group
About Fiesta Restaurant Group
Fiesta Restaurant Group, Inc, together with its subsidiaries, owns, operates, and franchises fast-casual restaurants. It operates its fast-casual restaurants under the Pollo Tropical brand. The company's Pollo Tropical restaurants offer fire-grilled and citrus marinated chicken, and other freshly prepared tropical inspired menu items.
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