Ark Restaurants Corp (ARKR) Releases Earnings Results
Ark Restaurants Corp (NASDAQ:ARKR) posted its quarterly earnings results on Friday. The restaurant operator reported ($0.11) earnings per share for the quarter. Ark Restaurants Corp had a return on equity of 10.57% and a net margin of 3.57%. The firm had revenue of $34.48 million for the quarter.
Shares of Ark Restaurants Corp (NASDAQ:ARKR) opened at 25.77 on Monday. The stock has a market capitalization of $88.21 million, a P/E ratio of 16.62 and a beta of 0.43. Ark Restaurants Corp has a 1-year low of $20.00 and a 1-year high of $27.02. The stock’s 50 day moving average price is $25.22 and its 200-day moving average price is $23.79.
Ark Restaurants Corp Company Profile
Ark Restaurants Corp. owns and operates restaurants, bars, fast food concepts and catering operations. As of October 1, 2016, the Company owned and/or operated 21 restaurants and bars, 19 fast food concepts and catering operations through its subsidiaries. As of October 1, 2016, six of its restaurant and bar facilities were located in New York City; two were located in Washington, DC; five were located in Las Vegas, Nevada; three were located in Atlantic City, New Jersey; one was located at the Foxwoods Resort Casino in Ledyard, Connecticut; one was located in the Faneuil Hall Marketplace in Boston, Massachusetts, and three were located on the east coast of Florida.
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