Ark Restaurants (NASDAQ:ARKR – Get Free Report) posted its quarterly earnings data on Monday. The restaurant operator reported $0.18 earnings per share (EPS) for the quarter, Zacks reports. Ark Restaurants had a positive return on equity of 5.68% and a negative net margin of 2.12%.
Ark Restaurants Stock Down 1.3 %
Shares of NASDAQ ARKR opened at $12.53 on Wednesday. The company has a 50 day simple moving average of $13.01 and a two-hundred day simple moving average of $12.13. Ark Restaurants has a fifty-two week low of $9.75 and a fifty-two week high of $17.76.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on shares of Ark Restaurants in a research report on Friday, February 7th. They issued a “buy” rating on the stock.
Ark Restaurants Company Profile
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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