Flanigan’s Enterprises (NYSEAMERICAN:BDL) Stock Crosses Above Two Hundred Day Moving Average of $0.00

Shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $27.67. Flanigan’s Enterprises shares last traded at $27.42, with a volume of 1,584 shares trading hands.

The company has a market cap of $50.20 million, a PE ratio of 4.63 and a beta of 0.85. The company has a current ratio of 1.91, a quick ratio of 1.70 and a debt-to-equity ratio of 0.29.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last posted its quarterly earnings results on Wednesday, August 18th. The company reported $3.87 EPS for the quarter. The business had revenue of $37.94 million during the quarter. Flanigan’s Enterprises had a net margin of 8.23% and a return on equity of 21.39%.

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. bought a new stake in shares of Flanigan’s Enterprises in the 2nd quarter worth approximately $483,000. Bridgeway Capital Management LLC bought a new position in Flanigan’s Enterprises during the 2nd quarter valued at about $252,000. Geode Capital Management LLC bought a new position in shares of Flanigan’s Enterprises in the 2nd quarter worth approximately $215,000. Finally, FMR LLC lifted its stake in shares of Flanigan’s Enterprises by 0.4% in the 1st quarter. FMR LLC now owns 150,988 shares of the company’s stock worth $3,500,000 after purchasing an additional 650 shares during the period. 17.25% of the stock is owned by institutional investors.

Flanigan’s Enterprises Company Profile (NYSEAMERICAN:BDL)

Flanigan’s Enterprises, Inc operates as a chain of small cocktail lounges and package liquor stores. It operates through the following segments: Package Liquor Stores and Restaurants. The Package Liquor Stores segment consists of retail liquor sales and related items. The Restaurant segment provides casual, standardized dining experience and typical of casual restaurant chains.

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