Ark Restaurants Corp. (ARKR) Earning Somewhat Positive Press Coverage, Report Shows

Press coverage about Ark Restaurants Corp. (NASDAQ:ARKR) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ark Restaurants Corp. earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the restaurant operator an impact score of 45.2691378391292 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

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Shares of Ark Restaurants Corp. (ARKR) opened at 23.35 on Friday. The stock’s 50 day moving average is $23.43 and its 200 day moving average is $24.63. The firm has a market capitalization of $79.97 million, a PE ratio of 22.24 and a beta of 0.32. Ark Restaurants Corp. has a 52-week low of $20.00 and a 52-week high of $27.02.

Ark Restaurants Corp. (NASDAQ:ARKR) last issued its quarterly earnings results on Thursday, August 10th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter. Ark Restaurants Corp. had a return on equity of 6.26% and a net margin of 2.43%. The company had revenue of $41.20 million during the quarter. On average, equities research analysts forecast that Ark Restaurants Corp. will post $1.16 EPS for the current year.

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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.