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

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL – Get Rating)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $32.12. Flanigan’s Enterprises shares last traded at $31.31, with a volume of 4,013 shares traded.

Flanigan’s Enterprises Stock Up 3.1 %

The firm has a market capitalization of $58.24 million, a P/E ratio of 10.33 and a beta of 0.72. The company has a quick ratio of 1.89, a current ratio of 2.19 and a debt-to-equity ratio of 0.30.

Flanigan’s Enterprises (NYSEAMERICAN:BDL – Get Rating) last released its quarterly earnings data on Tuesday, March 14th. The company reported $0.34 EPS for the quarter. The company had revenue of $41.86 million for the quarter. Flanigan’s Enterprises had a return on equity of 7.64% and a net margin of 3.38%.

Institutional Investors Weigh In On Flanigan’s Enterprises

Several hedge funds have recently modified their holdings of BDL. UBS Group AG raised its holdings in shares of Flanigan’s Enterprises by 135.9% during the 3rd quarter. UBS Group AG now owns 1,031 shares of the company’s stock valued at $26,000 after buying an additional 594 shares during the period. Captrust Financial Advisors acquired a new stake in Flanigan’s Enterprises during the 2nd quarter valued at approximately $114,000. Royal Bank of Canada grew its stake in Flanigan’s Enterprises by 11.4% during the 3rd quarter. Royal Bank of Canada now owns 4,900 shares of the company’s stock valued at $125,000 after purchasing an additional 500 shares in the last quarter. Vanguard Group Inc. grew its stake in Flanigan’s Enterprises by 61.5% during the 1st quarter. Vanguard Group Inc. now owns 19,502 shares of the company’s stock valued at $677,000 after purchasing an additional 7,427 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Flanigan’s Enterprises by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 60,984 shares of the company’s stock valued at $1,556,000 after purchasing an additional 2,039 shares in the last quarter. 10.78% of the stock is currently owned by hedge funds and other institutional investors.

Flanigan’s Enterprises Company Profile

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Flanigan’s Enterprises, Inc engages in the operation of a chain of small cocktail lounges and package liquor stores. It operates through the Restaurants and Package Liquor Stores segments. The Restaurant segment provides casual and standardized dining services. The Package Liquor Stores segment includes retail liquor sales and related items.