Flanigan’s Enterprises (NYSEAMERICAN:BDL) Stock Crosses Above 200-Day Moving Average of $0.00

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL – Get Rating) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $32.65. Flanigan’s Enterprises shares last traded at $32.50, with a volume of 752 shares changing hands.

The stock has a market cap of $60.45 million, a price-to-earnings ratio of 5.13 and a beta of 0.71. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.88 and a quick ratio of 1.69.

Flanigan’s Enterprises (NYSEAMERICAN:BDL – Get Rating) last announced its quarterly earnings results on Tuesday, May 24th. The company reported $0.89 earnings per share for the quarter. Flanigan’s Enterprises had a return on equity of 18.47% and a net margin of 7.89%. The firm had revenue of $40.33 million for the quarter.

The business also recently declared a — dividend, which was paid on Tuesday, April 19th. Stockholders of record on Thursday, March 31st were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, April 1st. Flanigan’s Enterprises’s dividend payout ratio is presently 15.80%.

Several hedge funds and other institutional investors have recently modified their holdings of BDL. Renaissance Technologies LLC grew its holdings in shares of Flanigan’s Enterprises by 14.0% during the third quarter. Renaissance Technologies LLC now owns 66,900 shares of the company’s stock worth $1,785,000 after purchasing an additional 8,200 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Flanigan’s Enterprises by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 53,530 shares of the company’s stock worth $1,857,000 after purchasing an additional 1,613 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Flanigan’s Enterprises by 61.5% during the first quarter. Vanguard Group Inc. now owns 19,502 shares of the company’s stock worth $677,000 after purchasing an additional 7,427 shares in the last quarter.

About Flanigan’s Enterprises (NYSEAMERICAN:BDL)

Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. It operates in two segments, Package Stores and Restaurants. The company operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.

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