Ark Restaurants Corp. (NASDAQ:ARKR) released its earnings results on Thursday. The restaurant operator reported $0.39 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $41.20 million for the quarter. Ark Restaurants Corp. had a net margin of 3.73% and a return on equity of 10.93%.
Ark Restaurants Corp. (ARKR) traded up 1.84% during trading on Friday, hitting $23.00. 4,327 shares of the stock traded hands. Ark Restaurants Corp. has a 52 week low of $20.00 and a 52 week high of $27.02. The firm’s 50-day moving average is $23.63 and its 200 day moving average is $24.63. The stock has a market cap of $78.78 million, a P/E ratio of 14.44 and a beta of 0.32.
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About Ark Restaurants Corp.
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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