Flanigan’s Enterprises (NYSEAMERICAN:BDL) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $25.50. Flanigan’s Enterprises shares last traded at $25.50, with a volume of 4,485 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Flanigan’s Enterprises in a research note on Saturday, January 11th. They set a “hold” rating on the stock.

Flanigan’s Enterprises Trading Down 2.0 %

The company has a current ratio of 1.46, a quick ratio of 1.16 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $46.48 million, a PE ratio of 14.12 and a beta of 0.68.

Flanigan’s Enterprises Company Profile

Flanigan’s Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It 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.