FMR LLC increased its stake in shares of Ark Restaurants Corp. (NASDAQ:ARKR) by 3.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 227,739 shares of the restaurant operator’s stock after acquiring an additional 7,739 shares during the period. FMR LLC owned 6.65% of Ark Restaurants Corp. worth $5,548,000 as of its most recent filing with the SEC.
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Shares of Ark Restaurants Corp. (NASDAQ:ARKR) remained flat at $$24.24 during midday trading on Friday. 35,015 shares of the stock traded hands, compared to its average volume of 3,019. The company has a current ratio of 0.37, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The firm has a market cap of $82.35, a price-to-earnings ratio of 32.05 and a beta of 0.29. Ark Restaurants Corp. has a 52 week low of $20.65 and a 52 week high of $27.02.
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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