Ark Restaurants Corp (NASDAQ:ARKR) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $19.65. Ark Restaurants shares last traded at $19.62, with a volume of 1,501 shares trading hands.
The company’s 50 day moving average is $20.14. The company has a current ratio of 0.65, a quick ratio of 0.51 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $69.90 million, a price-to-earnings ratio of 17.68 and a beta of 0.47.
Ark Restaurants (NASDAQ:ARKR) last announced its earnings results on Monday, May 13th. The restaurant operator reported ($0.18) earnings per share for the quarter. Ark Restaurants had a net margin of 1.82% and a return on equity of 9.33%. The firm had revenue of $35.31 million during the quarter.
A number of institutional investors have recently made changes to their positions in the stock. Crown Advisors Management Inc. acquired a new stake in shares of Ark Restaurants during the 1st quarter worth approximately $70,000. Dimensional Fund Advisors LP boosted its holdings in shares of Ark Restaurants by 1.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 126,656 shares of the restaurant operator’s stock valued at $2,325,000 after purchasing an additional 2,200 shares in the last quarter. Finally, Dalton Greiner Hartman Maher & Co. boosted its holdings in shares of Ark Restaurants by 5.0% in the 1st quarter. Dalton Greiner Hartman Maher & Co. now owns 289,592 shares of the restaurant operator’s stock valued at $5,644,000 after purchasing an additional 13,794 shares in the last quarter. 22.59% of the stock is owned by hedge funds and other institutional investors.
About Ark Restaurants (NASDAQ:ARKR)
Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. As of September 29, 2018, it owned and/or operated 20 restaurants and bars, including 5 facilities located in New York City; 2 in Washington, DC; 5 in Las Vegas, Nevada; 3 in Atlantic City, New Jersey; 1 in the Faneuil Hall Marketplace in Boston, Massachusetts; 2 on the east coast of Florida; and 2 on the gulf coast of Alabama, as well as had 19 fast food concepts and catering operations.
Featured Story: How to read a candlestick chart
Receive News & Ratings for Ark Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ark Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.