StockNews.com started coverage on shares of Ark Restaurants (NASDAQ:ARKR – Free Report) in a research note published on Wednesday morning. The firm issued a buy rating on the restaurant operator’s stock.
Ark Restaurants Trading Down 0.7 %
Shares of NASDAQ ARKR opened at $11.71 on Wednesday. Ark Restaurants has a 1 year low of $10.27 and a 1 year high of $16.25. The company has a 50-day moving average price of $12.24 and a 200-day moving average price of $13.43.
Ark Restaurants (NASDAQ:ARKR – Get Free Report) last released its quarterly earnings results on Monday, August 12th. The restaurant operator reported $0.72 earnings per share (EPS) for the quarter. The business had revenue of $50.40 million during the quarter. Ark Restaurants had a positive return on equity of 0.14% and a negative net margin of 5.31%.
Institutional Trading of Ark Restaurants
About Ark Restaurants
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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