Diversified Restaurant (SAUC) Downgraded by ValuEngine to Sell
ValuEngine downgraded shares of Diversified Restaurant (NASDAQ:SAUC) from a hold rating to a sell rating in a research report report published on Friday.
Separately, Zacks Investment Research upgraded shares of Diversified Restaurant from a sell rating to a hold rating in a report on Wednesday.
Diversified Restaurant (SAUC) traded down $0.07 during trading hours on Friday, reaching $1.53. 27,848 shares of the company’s stock traded hands, compared to its average volume of 52,433. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of -29.67. The firm has a market cap of $43.01, a price-to-earnings ratio of 160.00 and a beta of 1.30. Diversified Restaurant has a 12 month low of $1.28 and a 12 month high of $4.12.
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About Diversified Restaurant
Diversified Restaurant Holdings, Inc (DRH) is a restaurant company. The Company is a franchisee of Buffalo Wild Wings (BWW).As of September 25, 2016, the Company operated 64 BWW restaurants, which are located in Michigan, Florida, Missouri, Illinois and Indiana. The BWW restaurants feature a range of menu items with a multimedia social environment, a bar and an open layout designed to create a dining experience for sports fans and families.
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