Shares of ARKR opened at $18.97 on Wednesday. Ark Restaurants has a 12-month low of $17.75 and a 12-month high of $27.15. The company has a current ratio of 0.74, a quick ratio of 0.62 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $65.15 million, a P/E ratio of 19.53 and a beta of 0.50.
Ark Restaurants (NASDAQ:ARKR) last issued its earnings results on Wednesday, December 19th. The restaurant operator reported $0.28 earnings per share (EPS) for the quarter. Ark Restaurants had a return on equity of 8.01% and a net margin of 2.91%. The company had revenue of $40.56 million for the quarter.
Institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC lifted its holdings in shares of Ark Restaurants by 6.5% in the 2nd quarter. Renaissance Technologies LLC now owns 87,200 shares of the restaurant operator’s stock worth $2,175,000 after purchasing an additional 5,300 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Ark Restaurants by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 124,456 shares of the restaurant operator’s stock worth $2,864,000 after purchasing an additional 2,450 shares in the last quarter. Finally, Dalton Greiner Hartman Maher & Co. lifted its holdings in shares of Ark Restaurants by 9.2% in the 3rd quarter. Dalton Greiner Hartman Maher & Co. now owns 268,307 shares of the restaurant operator’s stock worth $6,246,000 after purchasing an additional 22,534 shares in the last quarter. Institutional investors own 23.82% of the company’s stock.
About Ark Restaurants
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.
See Also: Should you buy a closed-end mutual fund?
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.